Welcome to the 1520 Perfect Dictionary
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| Economic growth (2) | |
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| ECONOMIC GROWTH (2) Definition: (economics) In real terms, increase in economic activity. ______________________________________________________________________ * All ten elements should be in. 1. Purposeful and necessary, for those responsible for increase. 2. The evidence of an increase will be specific and identifiable, measurable and/or assessable over a specific period of time. 3. Increases will be steady and consistent while activity is on. And the main driver(s) of improvements will be known (connect to #2). 4. Sectors responsible will be generative. That is, new employment and investments will be recorded as a direct consequence of rise. 5. Benefits of growth will reach the majority of the citizenry, and with possibility for expansion to new areas of economic activity. 6. Increase and improvements will be sustained for a considerable duration to be able to prepare an (the) economy for bust period. 7. Increase will be in the right sectors and therefore able to bridge the gap between the rich (haves) and the poor (have-nots). 8. Translates to economic development - better infrastructures and standard of living, sustainable environment, increased literacy, etc. 9. Resilience will be attained or established as growth occurs such that unforeseen developments can be coped with by the economy. 10. The impact of increase will be such that country's social and political stability will be enhanced by gains in the economic sphere. ____________________ THRIVING. BOOMING. 1. See perfect REBASING. 2. See perfect LIVING WAGE. 3. See perfect BALANCE SHEET. 4. See perfect DIMINISHING RETURNS. 5. See perfect EQUAL OPPORTUNITIES EMPLOYER. 6. See perfect PERFORMANCE-RELATED PAY. 7. See perfect MULTI-LEVEL MARKETING. 8. See perfect ECONOMIC MIGRANT. 9. See perfect CORPORATE GOVERNANCE. 10. See perfect FIRST WORLD. | |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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