Question

How will Georgia's plans for rail expansion create economic growth ​

Answer 1

Answer:

Growth in the economy is an increase in the nation's economy or an increase in productive power. It makes moral circles of human and nation growth, evident in a better quality of lives of these people. Growth in the economy is the essential requirement to eliminating poverty, reducing inequality, assuring useful aid, making opportunities for quality training for all, establishing sustainable cities and societies, and attaining just any form of development needed for transiting from a developing economy to a developed one. Logically, for the nation to increase its creative power, there have to be multiple sources of output; the government may not only be in charge of industry. Thus, individual businesses and initiatives are critical to diversifying and improving the nation's creative capacity; entrepreneurs are essential contributors to the nation's growth in economy and development. Although growth in the economy may not inevitably change to the overall growth of the country as apparent in Nigeria's example (GDP of $ 481.1 billion yet about one-half of this population is reduced) , entrepreneurship development can induce economic growth as a lever for all-round development.