Author:
Evaluation:
Published: 01.08.2006.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
  • Essays 'Economic Growth', 1.
Extract

26. Discuss the sources of economic growth in Australia and analyze government policies to achieve sustainable economic growth
Economic Growth refers to an increase in a country's productive capacity as measured by changes in real GDP (over time) (Usually a year). It allows countries to raise per capita income levels and also the standard of living through increases in real GDP. Sources of economic growth usually include increases in the quantity and productivity of new and existing resources. …

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