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What are the costs of economic growth?
Economic growth can result also into:
• Increases within pollution noise and congestion
• Unnecessary depletion of non-renewable resources
• Loss of traditional methods of life in between indigenous minorities
• The advantages of growth between income groups and regions might be uneven leading to a raise into relative poverty. Therefore income inequalities may extend
• The structural change related with economic can be important and fall disproportionately on such least capable to adapt for example, dependents, unemployed and the poor.
what causes a shift in the balance of payment?
concept of static and dynamic multiplier
critically explain solow model of economic growth
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