Cause: human capital investment, physical capital investment
Effects: improvement in living standards, social and community development
<h3>What does Economic growth indicate?</h3>
Economic growth rates indicate how quickly the economy is expanding and are calculated by comparing the economic output (measured as the Gross Domestic Product or GDP) of two successive periods.
<h3>What are the effects of Economic growth?</h3>
- A greater variety of goods and services are now available and ready for consumption in the country.
- High employment levels are required because workers are required to manufacture such a large quantity of goods and services. Employment figures have risen in tandem with GDP growth.
- More employment boosts aggregate demand and generates additional growth as businesses continue to try to meet all demand.
- As demand rises, prices are likely to rise as well, so economic growth would raise the inflation rate.
- Increased productivity and the adoption of new technologies ma
To learn more about Gross Domestic Product or GDP from the given link
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Answer:
H and M, Gap, Gucci, Marshalls, Forever 21
Or Walmart
Explanation:
:)
Even though stocks, securities, and mutual funds are higher-risk investments, many people invest in them because they give higher rate of return.
<span>The rate of return are higher on high risk investments compared with low risk investments. This is because high risk investment have a big possibility of incurring losses, however, if said investment venture is successful and it generates a huge profit, its return is also bigger than when you invest in low risk investments.</span>
Answer:
It increased the depth of their product mix.
The depth of the product mix is basically how many different types of variations of the same product are offered, e.g. Coke, Diet Coke, Coke Zero, etc. Increasing product depth involves new flavors, different package sizes or other specific characteristics regarding the product.
Product width refers to the different types of products offered by the company, e.g. Toyota offers sedans, trucks, SUVs, minivans. In this case, product width is not affected.
