Results for: kuznets-curve

What is kuznets cycle?

A cycle of economic activity lasting between 15 and 20 years that acquired the name of the first economist to study it, Nobel Prize laureate Simon Kuznets. The Kuznets cycle is attributed to investment in housing and building construction and… Full Answer

What is a 25 degree curve?

A circle is a 360º curve. A 25º curve means that the two radius lines which give the start and end of the curve are 25 degrees apart (even if they are not 'visible' in the curve). Full Answer

Kuznets six characteristics of economic growth?

Kuznets' six characteristics of modern economic growth are discussed: High rates of growth of per capita incomes. High rates of growth of total factor productivity. High rates of structural transformation of the economy. High rates of social and ideological transformation… Full Answer