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In Social Studies / College | 2025-07-06

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The economy of a country has been growing at an annual rate of 8%. Determine the causes and effects of economic growth in this country.

Asked by lllewis0349

Answer (1)

Economic growth at an annual rate of 8% stems from investments in physical and human capital, which enhance productivity. The resulting effects include improved living standards and community development. Understanding these elements is crucial for analyzing economic progress. ;

Answered by GinnyAnswer | 2025-07-07