Economics Sba 2012
Introduction
This project was completed to investigate the various ways in which Juici Patties contribute to the economic growth and development of the May Pen Community. It was revealed by all the participants that Juici Patties contribute to the economic growth and development of the May Pen Community in various ways such as employment, sponsorship and providing lunches to schools. Juici Patties is fulfilling its purpose in the May Pen Community as the entity participates in programmes which are beneficial to the development of the Community.
Aims and Objectives
• To outline the ways in which Juici Patties contribute to the economic growth and development in the community of May Pen.
• Find out the benefits/costs of Juici Patties to economic growth and development in the community of May Pen.
• To determine ways of improving economic and development in the community of May Pen.
Definition of Terms
• Economic Growth
According to www.economics 4 development .com, economic growth refers to increases in a country’s output of goods and services
• Economic Development
According to www.businessdictionary.com, economic development refers to the adoption of new technologies, transition from agriculture based to industry based economy and general improvement in standards of living.
• Gross National Product (GNP)
According to economics.about.com/cs/economicsglossary, the gross national product is the valve of all the goods and services produced in an economy, plus the valve of the goods and services imported, less the goods and services exported.
Advantages of Economic Growth and Development
• Economic growth stimulates higher employment
• Increase in goods available for consumption
• Improvement in welfare example pensions,
This project was completed to investigate the various ways in which Juici Patties contribute to the economic growth and development of the May Pen Community. It was revealed by all the participants that Juici Patties contribute to the economic growth and development of the May Pen Community in various ways such as employment, sponsorship and providing lunches to schools. Juici Patties is fulfilling its purpose in the May Pen Community as the entity participates in programmes which are beneficial to the development of the Community.
Aims and Objectives
• To outline the ways in which Juici Patties contribute to the economic growth and development in the community of May Pen.
• Find out the benefits/costs of Juici Patties to economic growth and development in the community of May Pen.
• To determine ways of improving economic and development in the community of May Pen.
Definition of Terms
• Economic Growth
According to www.economics 4 development .com, economic growth refers to increases in a country’s output of goods and services
• Economic Development
According to www.businessdictionary.com, economic development refers to the adoption of new technologies, transition from agriculture based to industry based economy and general improvement in standards of living.
• Gross National Product (GNP)
According to economics.about.com/cs/economicsglossary, the gross national product is the valve of all the goods and services produced in an economy, plus the valve of the goods and services imported, less the goods and services exported.
Advantages of Economic Growth and Development
• Economic growth stimulates higher employment
• Increase in goods available for consumption
• Improvement in welfare example pensions,