The economic growth rates gives information on how fast the economy is growing,and is calculated by comparing the economic output (measured as the Gross Domestic Product or GDP) of two subsequent periods.
<u>The two main determinants of GDP/economic growth are:</u>
- Productivity increases caused by more efficient use of inputs (labor, capital) and implementation of innovation.
- Accumulation of physical capital
<u>Effects of economic growth</u>
- Larger amount of goods and services are available in the country and ready for consumption
- High employments levels, as workers are necessary to manufacture that large quantity of goods and services. As GDP has grown, so have done employment figures.
- More employment brings boosts on aggregate demand and generate further growth as business will keep on trying to serve the whole demand.
- As demand grows it is quite likely that prices do so too, therefore economic growth would increase the inflation rate (not necessarily a problem if such growth is not too large and remains stable).
- Productivity increases and implementation of innovations make national firms more efficient and competitive in the international markets.
The hydrological structure of the drainage basin is a localized open system. A drainage basin is a piece of land that is drained by a river and its tributary.
<h3>What are the disadvantages of this system?</h3>
Basin irrigation is the most frequent type of surface irrigation, particularly in areas with modest field layouts.
Disadvantages of Basin Irrigation System:
1. It is not applicable to all crops.
2. There is water waste in it.
3. Diseases propagate through trees.
Thus Option A is the correct option.
For more information about Basin Irrigation system refer to the link:
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D. The idea of separate but equal came about in plessy vs ferguson in the 1870s and brown vs board of education sought to discontinue the old practice of segregation in this instance in public schools.
George Gershwin helped spread jazz and ragtime music to white people. Before that, jazz was a predominantly black music and was considered too raucous to white people. Gershwin made it popular because he too was white.
