Chapter 7: Q.7 (page 186)
List the areas where government policy can help economic growth.
Short Answer
Areas, where government policies can help in economic growth, are Education, Saving and Investment, Infrastructure, SEZ, Scientific Research.
Chapter 7: Q.7 (page 186)
List the areas where government policy can help economic growth.
Areas, where government policies can help in economic growth, are Education, Saving and Investment, Infrastructure, SEZ, Scientific Research.
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Get started for freeHow much should a nation be concerned if its rate of economic growth is just 2% slower than other nations?
What are the "advantages of backwardness" for economic growth?
Would you expect capital deepening to result in diminished return? Why or why not? Would you expect improvements in technology to result in diminished returns? Why or why not?
Would the following events usually lead to capital deepening? Why or why not?
Refer back to the Work It Out about Comparing the Economies of Two Countries and examine the data for the two countries you chose. How are they similar?
How are they different?
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