An economics – Growth and
development
In current time frame, every-body is
talking about economics and its growth. In economics, we include every sell and
purchase of goods and services against a fix prices because every goods and
services have a prices or manufacturing costs. So, if we accumulate all these
buying and selling, it becomes an economic of any country. People also exchange
their goods and services with each others at village level in previous time.
An Economics – Growth and development |
Economics
growth – It is a
process, in which we bring changes or
upgrade the life of poor and uneducated people in a long run and also have
short term goal with micro level. These things related with employment,
increment in income and also bring changes in their living standard.
This is a long process, in which an
economic has a continuous improvement in their GDP (Gross Domestic Product).
There is also has a difference in GDP and GNP in which we take lots of steps to
improve the quality of life.
Mostly, we find a close connection
of growth with personal income. Some time, we also include consumer index. In
short, we can say that there are lots of factors which we include in economics growth like jobs, income, livings
standard and so on.
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