Answer: Changes can result from new science observations, and you discover new things overtime, the more experiments we do, and the more data we collect, the better our scientific ideas become. Even when we have the right explanation, it takes time for those ideas to spread among scientists, and even longer for those ideas to spread among the public.
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A house is generally considered an appreciating asset because it may increase in value over time.
This is because when you buy a house, over time you are probably going to invest in it, change it a bit, add more rooms, change the old equipment, etc. which will all contribute to the increase of its value in the future. This is why it is an appreciating asset.
Capital formation improves the conditions and methods for the production of a country. Hence, there is much increase in national income and per capital income. This leads to increase in quantity of production which leads to again rise in national income. The World Bank tracks gross capital formation, which it defines as outlays on additions to fixed assets, plus the net change in inventories. Fixed assets include plant, machinery, equipment, and buildings, all used to create goods and services. Inventory includes raw materials and goods available for sale.Oct
It’s a higher fertility rate high rate of industrialization and longer life expectancy
