How scarcity helps in country growth?

Q: "re-development"

A: Redevelopment is defined as a process where a land which was already utilized for some development…

Q: Explain in your words that how a nation improves productivity?

A: The comparison between the amount of goods and services produced and the quantity of inputs required…

Q: Importance of Economic growth

A: Macroeconomics is a part of economics that deals with production, decision and allocation concerning…

Q: Why is productivity important for the economy?

A: Productivity refers to the ratio of quantity of output to quantity of inputs. It describes how…

Q: How can technology and interventions in development offset the pressures of population growth?

A: Development refers to the growth of the economy of a nation along with socio-economic factors such…

Q: What Can We Learn from Development?

A: Economic and human factors may also be used to determine development. Developing countries in…

Q: difference between economic development and economic growth?

A: Meaning of Economic Development: The term economic development refers to the situation under which…

Q: What do you see as Government's role(s) in developing enterprises? In this regard, what do you think…

A: Macroeconomics is a sub-part of economics that is used to understand, the policies and fiscal…

Q: What is the difference between “organisation” and “institution”? Is one more important than the…

A: An organization is used to mean a bunch of individuals, engaged in chasing the planned goals or set…

Q: How poor countries can sustain high growth and development? Explain in detail.

A: Economic growth is considered to be the increase in GDP and higher productivity and economic…

Q: Is population’s growth a good thing or bad thing and why?

A: Population Growth refers to increase in the count of people living on the Earth.

Q: Some countries are developing at so fast pace. What are the reason behind this economic development.

A: Economic development is the steady, long-term expansion of a nation's economy that raises the…

Q: Economic growth comes from?

A: Economic growth occurs when the production of goods and services in the economy rises. It can be…

Q: What did Malthus and Ricardo say about population growth?

A: The gross domestic product(GDP) refers to the market value of all the final commodities(goods and…

Q: t lea

A: The factors being included in the standard for living are : employment opportunities,income, cost of…

Q: Do you think that business practices in an Islamic country are likely to differ from business…

A: Yes, business practises in an Islamic country will most likely differ from those in the United…