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4 cards from this section. Quick, good the night before a test.
Define economic growth and provide one example.
Think about what happens when a country enhances its production capability.
What does economic development aim to improve?
Consider factors apart from wealth.
What is economic growth primarily measured by?
It's a number that reflects the total production of a country.
True or False: Economic development only focuses on increasing income.
Think about health and education as part of development.
Critically evaluate the impact of economic growth in China over the past three decades. What social indicators can demonstrate whether this growth has translated into true economic development?
Consider both the numerical growth and social improvements.
Discuss the potential dangers of focusing solely on economic growth. What might be some unintended consequences of this approach?
Think about sustainability and its relationship to economic policies.
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