Answer: No options listed.
Explanation: Economic growth happens when there is an increase in the inflation-adjusted market value of various goods and services in a period of time. There is an increase in the number of items produced or services offered which increases the money in an economy. Some factors that lead to economic growth are land, capital or technological growth and advancement.
<u>Answer:</u>
<em>Group is the collection of multiple people. So, there must be more than two people to form a group.</em>
<u>Explanation:</u>
<em>The most important feature to form a group is to have the common point of interest and goal among the members. </em> This makes the involvement of group members in right way building a good relation among them.
It is important to have the healthy interaction among the group members to meet the ultimate goal of the group. <em>Also the interdependency among the members is essential.</em>
Answer:
Market movements and price fluctuations are influenced by a number of factors, such as economic reports, large institutional block trades and such like. Of all these factors, one that is often underestimated is the impact of commodity prices. Fluctuating commodity prices not only have a significant impact on business, they also impact the trading markets and the overall economy. Generally, the impact of commodity price fluctuations depends on whether that economy is a net importer or net exporter of commodities.
For economies that are net importers, commodity price increases act almost like trade tariffs. This is because it makes the import of raw materials and sources of energy, required for the everyday functioning of different economic sectors, more expensive.
Economies that are net exporters, on the other hand, benefit from increasing prices, since their income increases with the sale of those commodities. At the same time, a steep rise in prices could reduce the demand for commodities and lead to losses.
Explanation:
Answer:
Globalization, or globalisation, is the process of interaction and integration among people, companies, and governments worldwide. Globalization has accelerated since the 18th century due to advances in transportation and communication technology.
