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Economic growth typically refers to an increase in a country's output of goods and services, measured by Gross Domestic Product (GDP). It is often driven by factors such as technological advancements, increased productivity, and higher levels of investment. While economic growth can lead to improved living standards and job creation, it can also result in environmental degradation and income inequality if not managed sustainably. Thus, balancing growth with social and environmental considerations is crucial for long-term prosperity.
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Which statement is true about the recession?
The technical indicator of a recession are 2 consecutive quarters of a negative economic growth as measured by a country's GDP is a true statement about recession.
The measurement of economic growth begins with the GNP.?
true
Which statement about feudal economic system is true?
One thing that can be said about a feudal economic system is that it is more of a barter trade system.
Is Mexico's poor infrastructure a major obstacle to continued economic growth?
True
What statement is true of the economic changes in the 1920's?
Changing fashions hurt the clothing industry.
Which statement is true about the recession?
The technical indicator of a recession are 2 consecutive quarters of a negative economic growth as measured by a country's GDP is a true statement about recession.
The measurement of economic growth begins with the GNP.?
true
True or false The measurement of economic growth begins with the GNP.?
True(Kaylop)
Which statement about feudal economic system is true?
One thing that can be said about a feudal economic system is that it is more of a barter trade system.
Is Mexico's poor infrastructure a major obstacle to continued economic growth?
True
What statement is true of the early societies along the Mississippi River?
They were bustling with economic and cultural activity.
In the economic process people are always concerned with making a profit True or false?
The statement is false.
What statement is true of the economic changes in the 1920's?
Changing fashions hurt the clothing industry.
What statement is true based off the growth of the suburbs?
The growth of suburbs caused many new types of business to do well. Apex
Which statement is true of the League of Nations?
It was unable to control the growth of dictatorships during the 1920s and 1930s.
What is statement a true about the growth of the suburbs?
the growth of suburbs encouraged innovation in business (apex)
What is statement is true about the growth of suburbs?
The growth of suburbs offered many opportunities for business owenrs
