Economic growth has been used with other terms such as development‚ modernization‚ westernization and industrialization. It is‚ in other words‚ a transition from a simple‚ low-income economy to a modern‚ high- income economy. Its scope includes the process and policies by which a nation improves the economic‚ political‚ and social well-being of its people. Though it is often measured by rate of change of gross domestic product‚ it is generally understood in terms of increase in per capita income
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rates of economic growth as well as transforming their economy into an industrial economy. In the last few decades‚ the world’s most populous nation has liberalised its economy and gone from producing low-quality and simple exports to sophisticated high-technology goods while attracting nearly $500 Billion in foreign direct investment (FDI). The Chinese government also implemented many strategies to do this and it has resulted in China overtaking the United States as the world’s growth engine. The
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The Economic Effects of the Olympics The Olympic Games is a sporting event that attracts worldwide attention. People travel from different parts of the world to participate in the Games‚ or to watch and support. Countries that are hosting the Games have to prepare to welcome this great number of visitors. They also have to set up all the equipments that would be needed. Hosting the Olympics is an expensive project‚ and it always leaves an effect on the host country. These effects may or may not
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the inflation growth rate remained fairly steady until the recession during 2008 in which the growth rate experienced a dramatic decline from 4.15% growth in 2008 to 1.21% growth in 2009. After 2009 it experienced a positive recovery in which the growth rate rose to 4.71% in 2010 only to fall again to 3.33% in 2009. Core inflation was not as volatile when the recession hit in 2008-09‚ however core inflation did experience a similar decline from 2010 to 2011 falling from 3.34% to 1.24% growth. Leading
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Agricultural Economics of Nigeria: Paradoxes and Crossroads of Multimodal Nature Professor Eric C. Eboh Professor of Agricultural Economics University of Nigeria CONTENTS 1.0 ACKNOWLEDGEMENT 2 2.0 CONCEPTUAL APPROACH OF THIS INAUGURAL LECTURE 6 REFLECTIONS ON THE STRATEGIC ROLE OF AGRICULTURAL ECONOMY 8 3.0 4.0 5.0 AGRICULTURE FROM THE LOOKING GLASS OF MAN’S ECONOMIC HISTORY 16 AGRICULTURAL ECONOMY FROM PARADIGMATIC VIEWPOINTS ABOUT THE STATE VIS-A-VIS MARKET 21 6.0 NIGERIAN AGRICULTURE
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and housing. It also allows them to have many children and many descendants‚ which is recommended by the religion. Although today especially Western economists believe that population growth is related with economic growth. For example‚ the population of some countries growth goes hand in hand with economic growth like China‚ Senegal‚ and United States. Finally‚ polygamy avoids the treason for men who have sexual needs. For example‚ there is men who have strong sexual needs and they cannot
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THE GROWTH OF THE NIGERIAN ECONOMY AND THE NATIONAL UNEMPLOYMENT RATE 1996 - 2010 BY ADEOTI‚ JULIUS OLAKUNLE ECONOMICS DEPARTMENT EMMANUEL ALAYANDE COLLEGE OF EDUCATION‚ OYO. 08035680332‚08058364379 BEING A PAPER PRESENTED AT THE 4TH ANNUAL NATIONAL CONFERENCE OF THE SCHOOL OF ARTS AND SOCIAL SCIENCES‚ ADEYEMI COLLEGE OF EDUCATION‚ ONDO‚ ONDO STATE HELD BETWEEN 23RD – 26TH APRIL‚ 2012. VENUE: OLUSEGUN OBASANJO AUDITORIUM‚ ADEYEMI COLLEGE OF EDUCATION
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References: Abiade -Paul C.U.‚ Kene I.C. and Chah K.F. (2006): Occurrence and antibiogram of Salmonellae in effluent from Nsukka Munincipal abattoir. Nigerian Veterinary Journal‚ 1: 48-53 Adejuwon‚ J. O. (1978). Pests and Diseases. In: Oguntoyimbo‚ J. S.; Areola‚ O. O.; and Filani‚ M. (editors) A Geography of Nigerian Development. Heinmann‚ Ibadan. Pp. 92 - 112 Adelagan‚ J.A. (2002). Environmental policy and slaughter house waste in Nigeria. In: Proceedings of the 28th WEDC conference
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Running Head: ECONOMIC CRISIS: EFFECTS ON THE ECONOMY 2 Abstract The United States is obviously in a state of economic despair. This essay has supporting facts that prove the economy is definitely not on the mend. The public has been led to believe that this downward spiral is almost over. What will be proven in this paper is that foreclosure rates are still dramatically increasing and that the total in unemployment rates is deceiving. Without more jobs‚ consumers
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