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Business
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| Number of pages / Number of words: |
4 / 862 |
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(As measured by real G.D.P. per capita) Then Growth also stimulates higher employment levels. Economic growth also has positive effects on government finances because of government benefits. The last significant advantage of economic growth is that it makes it easier to redistribute income to the poor...
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Economic growth also has positive effects on government finances because of government benefits. The last significant advantage of economic growth is that it makes it easier to redistribute income to the poor.
The disadvantages of economic growth are that the economy will grow too quickly and therefore, there might be a danger of inflation...
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