What are the advantages and disadvantages of economic growth?
Advantages of Economic Growth 1 Higher Standard of Living. The biggest advantage of economic growth is that it leads to higher standard of living of the citizens of the country as higher economic growth implies 2 Good Infrastructure and Technological Development. 3 Job Opportunities and Exposure to World. …
What are the advantages and disadvantages of expansion?
Expansion can also give an impression of greater financial viability of the business. Financial institutions often see larger businesses as more credible and stable than their smaller competitors.
What are some of the disadvantages of population growth?
Some of the disadvantages are: 1. Pressure of Population on Land 2. Low Per Capita Income 3. Low Per Capita Availability of Essential Articles 4.
What are the advantages and disadvantages of expanding abroad?
Expanding abroad allows you access to new customers and visibility that your competitors might not have. Expanding abroad is also a benefit to get out of a saturated market and be one step ahead of the competition. 5.
What are the advantages and disadvantages of rapid growth?
This revision presentation looks at the key advantages and disadvantages of rapid economic growth and explain the meaning of sustainable, balanced and inclusive growth.
What are the advantages and disadvantages of slowing population growth?
Slowing population growth combined with modern agriculture make it difficult to estimate a point when the population’s demand for food outweighs the supply. Food distribution does remain a concern in some areas of the world.
What are some of the advantages and disadvantages of economic growth?
Search Economic Advantages. Among the key advantages of economic growth are improved standards of living, increased employment and investment in cleaner technologies, while some of the major disadvantages are the risk of inflation, pollution and deforestation, traffic congestion and excessive household waste.
What are the disadvantages of unchecked population growth?
Disadvantage: Food Shortage. Unchecked population growth without equal agricultural advancement to meet it leads to food shortages. Fortunately, agricultural supply worldwide currently exceeds the demand of the world population.