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1.There are wide disparities in the income distribution and the benefits of economic growth hasn't reached everyone. 2. The agricultural sector is going through structural changes and is loosing importance and therefore since many of the rural and poor people are in agriculture, they tend to be adversely effected. 3.The development process hasn't come around all over. 4. There is still wide spread un-employment. 5. With growth there is usually inflation and inflation reduces the real income levels of the economy. 6. The environment is effected. 7. The poor do not have any representatives to influence the economic polices and bring about the changes needed by them. 8.There is stll wide spread disparities in literacy, health care and life expectancy.
Wiki User
∙ 12y ago
Wiki User
∙ 14y agowhy has our econamic growth not yielded fuller satisfaction ?
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Are there types of economic growth?
Types of economic growth: There are two types of economic growth: 1.Balanced Economic Growth 2.Un-balanced Economic Growth 1.Balanced Economic Growth: All the economic sectors are growing at same ratio or percentage,this growth is known as balanced economic growth. 2.Un-balanced Economic Growth: When some sectors of the economy are growing faster than others,and their rate of growth is different to each other,this growth is known as un-balanced economic growth.
An economic is a time of fast economic growth?
An economic growth_______ is a time of fast economic growth
What are the distinctions between economic growth and economic development?
Economic growth is the growth of people which causes economic development, the growth/development of cities/towns. (i.e. businesses and buildings)
What is a period of economic growth called?
A period of economic growth is an economic boom
How are economic growth and productivity related?
Economic growth and productivity are directly related. The more productivity that there is in a nation, the more exponential that the economic growth will be.
Are there types of economic growth?
Types of economic growth: There are two types of economic growth: 1.Balanced Economic Growth 2.Un-balanced Economic Growth 1.Balanced Economic Growth: All the economic sectors are growing at same ratio or percentage,this growth is known as balanced economic growth. 2.Un-balanced Economic Growth: When some sectors of the economy are growing faster than others,and their rate of growth is different to each other,this growth is known as un-balanced economic growth.
similarities of economic growth and development?
economic growth
An economic is a time of fast economic growth?
An economic growth_______ is a time of fast economic growth
What are the distinctions between economic growth and economic development?
Economic growth is the growth of people which causes economic development, the growth/development of cities/towns. (i.e. businesses and buildings)
An economic what is a time of fast economic growth?
boom/growth
What are the stages in economic growth?
note on stages of economic growth
What is a period of economic growth called?
A period of economic growth is an economic boom
Economic growth of India in 2008?
economic growth of India in 2008
The 1990's in the US was a time of?
economic growth
How are economic growth and productivity related?
Economic growth and productivity are directly related. The more productivity that there is in a nation, the more exponential that the economic growth will be.
How did economic growth in the south compare to economic growth in the rest of the country?
Economic growth lagged behind because they had to repair damage from the war.
How did economic growth in the south compared to economic growth in the rest of the country?
the economic growth lagged behind because they had to repair damages from the war
