During the last few recessions experienced in the USA a new phenomenon has puzzled many economists titled ‘Jobless growth’. The term jobless growth refers to a situation when a country is emerging from a recession‚ where its gross domestic product increases but the unemployment rate stays the same or lags behind for several quarters without increasing following GDP growth. Jobless growth in the USA has alarmed many‚ the reason being that over the past few major recessions of 1991‚ 2001 and 2008‚ all
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critical argument for and againstthe conention that population growth is the hindrance for socio -economic growth particularly in developing countries. Popula-tion growth means that is the increase in number of people in a particular geographical area. Popula-tion growth is found in developing countries which are in three continents which are Africa‚ Asia and South America hich are called third world countries. Reasons for popula-tion growth in third world countries are Economic factorssuch as labour
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explain why it is said “economic growth is a race between depletion and invention. AS Macroeconomics / International Economy Economic Growth Growing economies provide the means for people to enjoy better living standards and for more of us to find work. But what is economic growth and how best can a country achieve it? Defining economic growth Economic growth is best defined as a long-term expansion of the productive potential of the economy. Sustained economic growth should lead higher real living
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capacity for photosynthesis from cyanobacteria. Algae can be unicellular as well as multi-cellular. Large and complex forms found in the ocean are commonly referred to as seaweed and can look very similar to higher plants. Algae are voluntarily and involuntarily kept by many aquarists. Some species are very beautiful and well-liked‚ while others are shunned and meticulously exterminated from the aquarium. There are also many types of algae that can help you keep the water quality up in the aquarium
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Chapter I Church Growth: Definition Introduction: Tremendous growth is going on in the Christian Church today. For some observers this tends to be obscured by the world population and the increasing percentage of non-Christians which that so far implies. Meanwhile‚ the fact is that the number of Christians is greater now than it has ever been. With the rise of Churches and the expansion of the Church among non-Christian populations‚ multitudes of small congregations of less than hundred members
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Economic Growth Economic growth is the percentage increase in real national output in a given time period or the increase in the productive potential of the economy. Countries grwo at different rates‚ this is partly due to the fact that they are at different stages of their economic cycle. The economic growth for the UK is at 0.2%. The main measure of output is gross domestic product (GDP). GDP is the total value of goods and services produced in an economy during one year. Economic growth can be
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* economy is now at a point when it can achieve sustained economic expansion * These positive factors notwithstanding‚ a major weakness in the economy is that the growth is not perceived as being sufficiently inclusive for many groups * especially Scheduled Castes (SCs)‚ Scheduled Tribes (STs)‚ and minorities * Gender inequality * adverse effect on women * The lack of inclusiveness is borne out by data on several dimensions of performance. * rate of decline in poverty has
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How can India achieve inclusive growth to prevent the gap between rich and poor from widening? Inclusive Growth: A Paradox In Interests An essay by Hamza Ali‚ The University of Hull‚ UK Indian self reliance is a pipe dream that has consumed many of its greatest minds in the past half century. Its proponents often cite the litany of problems facing a nation whose population stretches to 1.1 billion and has hundreds of millions of people living in abject poverty
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Economic Growth Economic growth is the increase in the amount of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product‚ or real GDP. Growth is usually calculated in real terms‚ i.e. inflation-adjusted terms‚ in order to obviate the distorting effect of inflation on the price of the goods produced. Economic growth typically refers to growth of potential output‚ i.e.‚ production at "full employment". It
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Growth of Motor Cycle Transport in Kenya | The boda boda bicycle transport business are believed to have originated in the Kenya boder town of Busia.Bicycles were used for a very along time in the town befor it was spread to the other towns in Kenya .The name boda boda is derived from the operation of the business across the border of the two countries of Kenya and Uganda .The boda boda is believed to have been started by afew people fro the luhya tribes of the area and it has grow in to very big
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