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From an economic and philosophical standpoint, it is assumed that providing for the common good will require a degree of sacrifice by many members of the society. Such sacrifice often comes in the form of paying higher taxes or costs of industrial production. In an article on economic and soci...
The term economic growth is applied to economies already experiencing rising per capita incomes. In Rostow’s phraseology economic growth begins somewhere between the stage of take-off and the stage of maturity; or in Clark’s terms, between the stage dominated by primary and the stage dominated...
Contingent-valuation methods also have been used to determine the value of old-growth forest preservation in the face of industrial expansion.About UsPrivacy PolicyTerms & Conditions © 2025 Encyclopædia Britannica, Inc.
Home🏺 HistoryIndustrial Revolution Results:3 samplesfound essays on this Topic The Industrial Revolution: goals, accomplishments, and failures of organized labor Subject:🏺 History Pages:6 Words:1502 Rating:4,8 The industrial revolution is prominent for the rapid growth and expansion that catapult...
42. Reduce Housing Costs:Refinance your mortgage (if you have one) to take advantage of low interest rates and reduce your monthly payments. 43. Professional Growth:Invest in professional development or advanced education to warrant increased earning potential. ...
Their primary economic activity is manufacturing, with the country overall being likely to continue to develop as an industrial nation. This is enabled in part by businesses seeking cheaper labor outside of industrialized countries and in part by the successful planning of these governments. In ...
The regulatory comparison is important because the electricity load is likely to increase with increased transportation and industrial electrification, and with the incorporation of morerenewable generationsources. These changes are projected to require at least 50% more transmission capacity on average acros...
The Industrial Revolution in Europe and the United States initially took place undermercantilistandprotectionistgovernment policies that fostered the early growth of industry. These later adopted alaissez-faireorfree-marketapproach that encouraged foreign trade, providing new outlets for industrial output. In...
The tertiary industry is a technical name for theservices sectorof the economy, which encompasses a wide range of businesses, includingfinancial institutions, schools, hotels, and restaurants. The tertiary industry is one of three primary industrial types in adeveloped economy, the other two being t...