Economic growth is referred to the increase of per capita real gross domestic product over a period of time. Real GDP is a quantitative concept since it involves increased productive capacity in an economy‚ which leads to rising national output‚ incomes and living standards over time. Economic growth can occur from two main factors: 1. The increased use of resources such as land‚ labour‚ capital and entrepreneurial resources due to improvements in technology. 2. The increased productivity of existing
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Insurance‚ Real Estate & Business Services Community‚ Social & Personal Services Gross Domestic Product At Factor Cost 1980s 2.97% 7.39% 5.95% 8.76% 3.73% 5.89% 6.00% 9.26% 6.23% 5.17% 1990s 3.34% 4.41% 6.91% 7.30% 4.84% 8.51% 7.86% 7.95% 6.50% 6.05% 2000s 3.38% 5.61% 8.26% 5.12% 11.60% 9.35% 15.26% 9.82% 5.96% 8.13% 2010s 3.39% 5.61% 8.28% 5.12% 11.60% 9.39% 16.22% 10.13% 6.20% 9.62% Source: District Domestic Product of India‚ 2009-10‚ Indicus Analytics. The trends of the 2000s will continue
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Global Business Environment Issues: Economic and Socio-economic Factors Table of Contents ACKNOWLEDGEMENT 2 EXECUTIVE SUMMARY 4 GLOBAL BUSINESS ENVIRONMENT FORCES 5 ECONOMIC AND SOCIO-ECONOMIC FORCES 7 LEVELS OF ECONOMIC DEVELOPMENT 9 ECONOMIC DIMENSIONS 13 SOCIO-ECONOMIC DIMENSIONS 22 CONCLUSION 24 BIBLIOGRAPHY 25 EXECUTIVE SUMMARY This report analyzes the practical implication and analysis of some of the important aspects of Organizational
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CARDINAL HEALTH INCORPORATION INTRODUCTION Cardinal Health Inc. is a global health care industry product and services provider that applies vast resources‚ knowledge and expertise with an objective of helping healthcare manufacturers and patient care providers meet their complex challenges‚ while providing better‚ safer delivery of care. HISTORY Cardinal Health Inc. was founded by Robert D. Walter in 1971 in Dublin‚ Ohio as Cardinal food Distribution Company. Robert D. Walter borrowed $ 1.3 million
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CASE STUDY: THE EFFECTS OF NATURAL DISASTERS ON THE GDP OF THE PHILIPPINES In Partial Fulfillment Of the course requirements In ECOMET2 Submitted By: Inacay‚ Giancarlo Submitted To: Dr. Cesar Rufino School of Economics De La Salle University-Manila December 16‚ 2014 Table of Contents I. Introduction II. Review of Related Literature III. Theoretical Framework IV. Data V. Methodology VI. Results VII. Appendix VIII. Bibliography Abstract The Philippines is located in a region
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world of economics‚ understanding many terminologies can enhance one’s ability to be successful with consumers’ patterns of using goods or services and how those factors affect the economy when they are produced‚ distributed‚ and consumed. Gross Domestic Product or GDP is the official measure of goods and services produced in a specified period‚ within a country. Real GDP measures the value of goods and services expressed in prices of a base year. Nominal GDP measures the value of goods and services
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largest and most populous continent. Interestingly the countries which fall under Asia vary in size‚ environment‚ historical ties and governance systems. Thus the wealth of these countries differs quite drastically. For example in terms of Gross Domestic Product‚ GDP ("the market value of all the goods and services produced by labour and property located in a country” (About.com 2009))‚ Japan has the largest economy on the continent. In fact measured in terms of GDP Japan has the second largest economy
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April 24‚ 2013 Introduction: As Humans beings living on earth we all have to succumb to a natural disaster of some sort. Whether that may be a severe thunderstorm‚ tornado‚ hurricane‚ or a Magnitude 9 earthquake there is always a financial consequence for most of these natural disasters. After a earthquake occurs the country affected by the earthquake has to rebuild and restructure their nation back to where it was before the earthquake occurred. The overall problem is a country that might
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The graph given to us depicts the GDP of five decades and indicates how consumption (consumers)‚ government spending‚ gross private domestic investment‚ and net exports have contributed to the economy for the past 50 years. We look at the percentage calculation of each component of GDP. We realize that Government spending is the most stable and after that comes Gross private domestic investment. According to our graph‚ in 1965 the smallest contribution to GDP was Net Exports with 0.78% of total GDP
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years ago; there was no electricity‚ no plumbing‚ not a single public hospital or modern school‚ no bridges and only a handful of cars. The gross national income increased from 4.7 billion AED in 1972 to 229 billion AED in 2002‚ with an annual growth rate of 13.8%. The gross domestic product per capita reached 69 000 AED in 2002‚ the gross domestic product increased from 6.5 billion AED in 1972 to 260 billion AED in 2002‚ with an annual growth rate of 13%. Non-oil sectors contributed 188 billion
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