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sammy [17]
3 years ago
11

Is constant economic growth always a good thing?

History
2 answers:
dangina [55]3 years ago
8 0

Yes and no both, is the answer.

If constant economic growth is able to distribute wealth to poor people as well,equally,then it is a good thing.

Constant economic growth is bad if the gap between rich and poor increases in the society of that country.

Masteriza [31]3 years ago
6 0

yes its good constant  economic growth but not most the time for example > Things that help to achieve high GDP reflects the value of the goods and services that have been achieved in the country during one year. In the case of producing and selling more goods than last year, the level of GDP also rises, and there is talk of "economic growth". On this basis, GDP in most countries is an indicator of prosperity and development.

<h2>but </h2>

Is there room to slow growth? It is noteworthy that the weak growth in Greece has led to a sharp decline in the level of prosperity and happiness.

<u>In contrast</u>, it notes that developing countries, in particular from which requests to their governments, inviting them to put an end to the rapid pace of the global economy. These demands are combined with proposals such as compensating GDP with other factors such as environmental destruction, which could ease pressure on governments looking for growth only. But doubts surround the so-called green economy aimed at ensuring sustainable social and environmental growth, because some fear that the environment factor will become a commodity also marketed within the global stock markets as an economic indicator

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