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Economic Growth - Coggle Diagram
Economic Growth
Benefits
Inclusive Growth
Income Equality, Reduced Poverty
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Types
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Sustainable
Economic growth that is sustained (see above) without creating significant economic problems like environmental issues
Potential EG
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Can be seen from PPC, curve shifts outwards
Inclusive
A rate of growth sustained over time, broad based and creates productive employment opportunities for majority of population.
Actual EG
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Can be seen frm PPC, point inside to further out
Costs, Unintended problems, Limitations
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