A business without a company

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Joita9750
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Joined: Mon Nov 13, 2023 4:59 am

A business without a company

Post by Joita9750 »

What are the limits to economic growth? A high GDP per capita is usually a desirable phenomenon because it indicates a good economic situation and the enrichment of society. However, achieving and maintaining it at this level is not easy, due to many barriers and limits to economic growth that make it impossible. These include: Unfavorable demography , e.g. aging society. If there are more and more people in post-working age in a given country and fewer in pre-working age, this has a negative impact on the level of goods and services produced.

The political system and incorrect decisions made by those in power may slow down GDP growth; Environmental philippines photo editor pollution – nowadays, as a society, we are obliged to take care of our natural environment. Increasing production always involves the exploitation of natural resources, which should be limited. In turn, this may lead to a decreasing trend in growth. We should also mention non-renewable resources oil, natural gas, precious metals, etc. , which have significant economic importance. Due to the fact that there are fewer and fewer of them.

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This threatens the dynamics of economic growth. Unequal incomes of residents - usually better earnings do not apply to the general population, only to a selected part of it. The unequal distribution of income may eventually begin to reflect in decreasing consumption and, paradoxically, sometimes in the deterioration of people's financial situation. Economic miracle – what is it? Very rapid and rapid economic growth is sometimes informally called an economic miracle . It happens quite quickly and unexpectedly.
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