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They promote economic growth by adding money into the economy, which is then spent on goods and services. That leads to greater availability of funds to lend, which leads to lower interest rates, which leads to greater borrowing for business investment, which leads to business expansion, which leads to more employment, which leads to economic growth.
yes
I am sorry but we can't answer because we don't know what your list is concerning economic growth.
channel savings into investments.
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what could ordinary people do in their daily lives to promote economic growth and prosperity in south africa
They promote economic growth by adding money into the economy, which is then spent on goods and services. That leads to greater availability of funds to lend, which leads to lower interest rates, which leads to greater borrowing for business investment, which leads to business expansion, which leads to more employment, which leads to economic growth.
A boom is a period of rapid economic growth, prosperity.
yes
I am sorry but we can't answer because we don't know what your list is concerning economic growth.
Business enterprises contribute to economic growth by providing employment opportunities. This allows for more financial success and more money to flow into the economy.
Our future prosperity depends on steady economic growth. The country is enjoying a period of peace and relative prosperity.
channel savings into investments.
Please answer this question..
Business enterprises contribute to economic growth by providing employment opportunities. This allows for more financial success and more money to flow into the economy.
Increasing domestic savings will not help economic growth. Growth requires increase in production. Saving money would mean people don't buy as much, so production will go down.
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