General

• Causes of growth


  • Investment in education
  • Investment in infrastructure
  • Investment in healthcare
  • Increase in FOPs
  • Increase in exports
  • Increase in consumption
  • Lower tax
  • Lower interest rates
  • Increase in trade
• Benefits of growth


  • Increase in output of G+S
  • Government investment in different sectors
  • Increase in national happiness
  • Lower unemployment
  • Income increase
  • Consumption increase
  • Currency becomes more valuable
  • Quality of public sector
  • Reduce debt
• Drawbacks of growth


  • Unsustainable
  • Inflation
  • Green GDP (environmental)
  • Inequality
  • Output gap
  • Zero sum tame (some economies are growing, others arent)