The Egyptian economy under Mubarak generally grew, but did so at a languishing pace. Additionally, later in his presidency, the cost of essential goods rose precipitously causing riots and other problems that led to the economic decline when he abdicated.
Under Hosni Mubarak's presidency, which lasted from 1981 to 2011, Egypt experienced a period of economic growth, particularly in the mid-2000s. The average annual growth rate during this time was around 5-7%, driven by reforms in the private sector, increased foreign investment, and tourism. However, this growth was often criticized for being uneven, with significant disparities in wealth and persistent poverty despite the overall economic expansion. Additionally, the benefits of growth were not evenly distributed, leading to social unrest that contributed to the 2011 uprising.
President Benigno has the Philippines raised the highest in terms of economic growth.
global economic growth slowed;trade policies changed;economic depression;rearmament for war.
it experienced sustained economic growth
it experienced sustained 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.
Each of the three countries in the region experienced rapid economic growth.
An economic growth_______ is a time of fast economic growth
Economic growth is the growth of people which causes economic development, the growth/development of cities/towns. (i.e. businesses and buildings)
boom/growth
note on stages of economic growth
A period of economic growth is an economic boom