Economic Development & Growth
A sequel to the Hub, The Myth of Perpetual Growth, we take China as a case study and examine the COST of economic growth. A shocking look at the state of affairs in China.
A summary of all domestic factors which lead to Economic Development. Specially useful for IB students.
Growth rate can be viewed and expressed or defined in a number of ways. Having a more candid and specific definition for it, will help to have a greater hold on growth rate. Now what is growth rate? Growth rate can be...
Tax is a contribution exacted by the state. It is a non penal but compulsory and unrequited transfer of resources from the private to the public sector, levied on the basis of predetermined criteria. The classical...
Going back to school for a GED is a new beginning in the life of millions who desire a better quality of life. However, many need fanancial assistance to fulfill this dream. Here are a list of the most sort after grants...
Development should be people-centric aiming to increase people's capabilities. It is inherently a multidimensional activity, not limited to economic growth alone.
There are a number of measures which have been used to es timate the economic development of a country. These measures, in brief, are: (i) Increase in real GNP. (ii) Increase in real per capita income. ...
What is deficit financing?. When a government spends more than what it currently receives in the form of taxes and fees during a fiscal year, it runs in to a deficit budget. When the budget deficit is financed by...
This is a response to Edexcel A-level Geography Unit 3, January 2010, question 4 (a).
1. Factors in Economic Development Economic development is a complex process. It is influenced by a number of factors such as natural resources,...
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