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A major burden to the growth of china's economy was cause by?
A major burden to the growth of China's economy was cause by the high population growth. An increase in the population has resulted into limited resources among the residents.
What was the growth of the service economy caused?
a decline in U.S. union membership
What had to happen for chinas population to grow?
There are several things that happened for Chinas population to grow. There were multiple births in a given year with low infant mortality rates which contributed to the rapid growth of the population.
What caused the economic growth of the US's economy after World War 2?
The invention of credit cards
Which best explains how the growth of labor unions positively affected the economy?
Safety regulations caused the costs for businesses to increase
Why is growth advantage to a nation?
lessens the burden of scarcity
Growth is advantageous to a nation because it?
Lessens the burden of scarcity.
What is china's economy based on?
The Chinese economy is heavily driven by exports of a range of goods... this is one of the reasons it has such high foreign currency reserves. This has also impacted a bit on its GDP growth which was about 12% in 1007 and the world bank is forecasting 6.5% growth this year. for more see: http://en.wikipedia.org/wiki/Economy_of_the_People's_Republic_of_China and for daily updates on the Chinese economy and lots more resources see: China Economic Scan - http://www.chinaeconomicscan.com
What money supply growth exceeds the growth of the overall economy what is the result?
Inflation
Is deflation bad for the economy?
Deflation can be harmful to the economy because it can lead to decreased consumer spending, lower business profits, and potentially higher unemployment rates. It can also increase the burden of debt on individuals and businesses. Overall, deflation is generally considered to have negative effects on economic growth and stability.
The growth of the nations economy during the 1920s was called?
The growth of the nation's economy during the 1920s was called urbanization.
The growth of the nation's economy during the 1920s was called .?
The growth of the nation's economy during the 1920s was called urbanization.
