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Discuss the causes and effects of economic growth
Essay specific features
Written by:
Florence D
Date added:
December 28, 2014
Level:
University
Grade:
A
No of pages / words:
5 / 1190
Was viewed:
7255 times
Rating of current essay:
Essay content:
Statistics of GDP growth rates refer to actual growth when they are published.
This is a table of the GDP Growth rates for the last 10 years. I have included a few countries including the UK:
Year U.K. Italy Netherlands Belgium Switzerland Sweden Australia New Zealand
2005 - 0.16 0.94 1.16 - 2.47 2...
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It is known as the percentage annual increase in the economies capacity to produce.
Major factors that can contribute to potential economic growth include:-
? An increase in resources – natural, labour or capital.
? Increase in the potential with which these resources can be used, through advances in technology, enhanced labour skills or bettered organisation...
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