Analyze how the government can influence this component to help stimulate the economy. Explain the increase in GDP. A) The growth rate of real GDP in the United States rises from 4.2% to 4.4%. Explain and calculate how the increase in the growth rat...
Businesses mustreorganizeat the international, national, and sub-national levels in production,international trade, and the integration of financial markets. The transformation of production systems affects the class structure, the labor process, the application of technology, and the structure and organiza...
In most people’s mind, growth is associated with prosperity. We judge how well the economy is doing by the size of the Gross National Product (GNP), a measure, supposedly, of growth. Equally axiomatic, however, is the notion that increased pressure on declining natural resources must inevita...
Military spending can not be defined solely by cost. In fact, defense spending can stimulate an economy, create jobs, and drive the development of civilian business sectors. In addition to supporting troops themselves, military spending creates a considerable amount of economicinfrastructurein support ...
But they often forget how much tourism can help the local economy (经济) . It is important to think about how tourism affects the local people. The local customs and beauty should be kept by the local government to attract tourists. Meanwhile, the government should care about the health and...
This study examines the effect on the economy of three broad classes of federal investment spending: physical infrastructure, including programs for transportation and environmental facilities; human capital, including programs that increase the skills and productive knowledge that people bring to their jobs...
We have found that digitization has not yet reached scale, with a majority of the economy still not digitized. The McKinsey Global Institute has calculated that Europe overall operates at only 12 percent of digital potential, and the United States at 18 percent, with large sectors lagging in bo...
Due to the continuous progress of constructing sustainable environments in China, the role played by the Chinese central government as the main body for promoting green development is worth studying. Because China’s ecological civilization building has
What Affects the Size of the Labor Force? Labor force participation across all age groups, population growth,an aging population, and retirement from the employment pool all play a role in the size of the labor force. Is There a Relationship Between Population and Economic Growth?
In other words, Mexico's output per capita has grown more slowly than that of Canada or the U.S. This is despite the fact that, normally, one would expect anemerging market economy'sgrowth to outpace that of developed economies.