Hello Java Journalist, In your chapter 08 (or 26 in the large text book) the LAST...
Hello Java Journalist,
In your chapter 08 (or 26 in the large text book) the LAST WORD section discusses economic growth. The question of whether the country can sustain economic growth as the general population remains flat or is in a state of decline
Homework Answers
Economic growth occurs when sustained rise in production of goods and services takes place. Population is important factor of production. Population contributes towards the economic growth of country.
But if population remains flat or is in a state of decline, Following condition must be followed to increase economic growth:
- Productivity of labor must increase to achieve higher level of economic growth.
- There must be massive investment on research and development.
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was abandoned in 1946. 3. Although the Soviet Union was a large
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questions. Thank you so very much in advance!
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PLEASE !!!)
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