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How does population growth produce development?
The impact of population growth depends upon the form:
• By net migration. When the increase into population is highly skilled employees with high productivity growth is increased speed. An increase in dependents hinders growth
• By a natural increase. An increase into population size since births exceeding deaths takes at least fifteen years to work by in a potentially higher population.
Why do state approaches work into promoting development? State planning and intervention is desirable due to the shortcomings of markets. The approaches range of state through
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how managerial economics is applied in a firm?
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