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What is the best market in the world Large population High GDP growth or 0 unemployment?
Krisztianpalinkas9
The best market in the world is one with high GDP growth and 0 unemployment, but this type of market is also very rare.
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∙ 10y ago
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What does it mean to say the unemployment problem in America is structural in nature?
a large portion of the population does not have the skills that are truly needed by the economy for growth
Why is high unemployment a macroeconomic issue?
High unemployment is a macroeconomic issue as it deals with economy and population at large.
What are the disadvantages of deflation?
Deflation is the fall of the general price market. The disadvantages of deflation are large levels of unemployment and an unstable economy.
A large negative GDP gap implies?
high rae of unemployment
High population growth rate is an obstacle to economic growth in many?
In the under-developed countries, especially in the over-populated countries of Asia, population increases very rapidly. This has very adversely affected their rate of economic growth. In fact, rapid population growth is a greatest obstacle to economic growth. Whatever increase takes place in the national output and income in such countries as a result of development is devoured by the ever pounding torrent of babies. It is like writing on the sand. That is why the standard of living and income per capita cannot rise. For example the major part of increase in national income that has accrued in India during the five year plan has been nullified by the rapid population growth as the result through there has been substantial increase in national income, but the per capita income has not increased much. Obviously a rapidly growing population is a great obstacle in the way of raising the level of living in such countries. Beside a rapidly growing population creates several other problems on account of which it becomes difficult to accelerate economic growth. In firstly place a rapidly growing population required large quantity of food grains. In India the explosive rate of population growth has increased the demand for food problem in the country. This is due to higher income elasticity of demand for food. It has created a serious food problem in the country. India has been importing now for many year large quantities of food grain and losing valuable foreign exchange on this account. If there had been no food problem we would have been able to import plant and machinery and other equipment and necessary industrial raw material all of which would have promoted rapid economic growth in the country. Unemployment is another very serious problem creates by rapid increase in population. We know that the India backlog of unemployment has been increasing at the end of each five year plan. This is due to that fact that owing to low rate of capital formation industrialization has been going on at a slow rate and it has not been possible to increase employment opportunities commensurate with the rate of population increase. Unemployment means waste of potential manpower resources. Instead of being used in the work of economic development the unemployed act as a drug on economic progress since they have to be fed all right even through they are not making any contribution to the growth of national output.
What does it mean to say the unemployment problem in America is structural in nature?
a large portion of the population does not have the skills that are truly needed by the economy for growth
Why is high unemployment a macroeconomic issue?
High unemployment is a macroeconomic issue as it deals with economy and population at large.
What are the disadvantages of deflation?
Deflation is the fall of the general price market. The disadvantages of deflation are large levels of unemployment and an unstable economy.
What impact does population growth have on food supplies?
If there is a large population then more foods are needed to be traded, grown, or bought.
What is population growth in western Canada in 1878?
In 1878 Western Canada was what is today Southwest, and a bit of Northern Ontario. It's population growth was the result of large Canadian families.
What is a tough job market?
A tough job market involves a high degree of unemployment. In a tough job market, employers receive a large number of applications for each available position, making it difficult for a would-be employee to land a job.
Where is the best market for goat meat?
Places with a large Greek, Cuban and Middle Eastern population.
What are the positive effects of overpopulation in India?
Large population creates demands for goods and this is a sign of economic growth.
Why has the economic progress of India been limited?
the overwhelmingly large population hinders the economic growth of india
Why does external growth lead to rapid expansion?
External growth usually leads to rapid expansion. This is because when we have a large influx of external growth, the capital market also grows. It therefore leads to circulation of currencies.
Why is Japan so large?
There are many factors that make Japan's population so large. There is a low rate of infant deaths and most people bear many children which contributes to the high growth of the population.
What do the age structures of the US and of Rwanda predict about the population growth of each country?
The age structure of a population can provide insight into future population growth. In the case of the US, an aging population with a large proportion of older individuals may indicate slower population growth or even a decline. On the other hand, Rwanda's young population with a high proportion of children suggests a potential for rapid population growth in the future.
