Welcome

Anti Essays offers essay examples to help students with their essay writing.

Sign Up

Economy And International Relation Essay

  • Submitted by: kelsieyan
  • on January 15, 2011
  • Category: English
  • Length: 322 words

Open Document

Below is an essay on "Economy And International Relation" from Anti Essays, your source for research papers, essays, and term paper examples.

This statement certainly is true. An economy definitely needs Economic growth for its Economic development but is this growth sufficient enough or is it the only factor that determines economic development remains the question. Now firstly looking at the basic difference of Economic growth and Economic development we see that Economic Growth basically refers to the increase in the amount of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP. Growth is usually calculated in real terms, i.e. inflation-adjusted terms, in order to net out the effect of inflation on the price of the goods and services produced. In economics, "economic growth" or "economic growth theory" typically refers to growth of potential output, i.e., production at "full employment," which is caused by growth in aggregate demand or observed output. Whereas, Economic development is the development of......
Economic Development: a Blessing or a Curse to the Environment
FROM dqhd
What is your opinion on the effects of economic development, is it a blessing or a curse to the environment? It is a question that worth thinking of seriously. As for me, economic development is a curse to the environment.
Before carrying out in-depth analysis, let me explain some important words and expressions closely related to the topic.
Economic development is a process that a country gets out of poverty and backwardness, tends towards the modernization of economic and social life. It means not only the expansion of the national economy but also the enhancement of economic performance.
Blessing is something that is good or helpful. Curse is something that causes harm or evil. Just as any coin has two sides, it’s no exception with the issue of economic development. To some extent, it is a blessing to the environment. {text:bookmark-start} {text:bookmark-start} As an illustration......

Show More


Citations

MLA Citation

"Economy And International Relation". Anti Essays. 24 Jun. 2018

<https://www.antiessays.com/free-essays/Economy-And-International-Relation-68947.html>

APA Citation

Economy And International Relation. Anti Essays. Retrieved June 24, 2018, from the World Wide Web: https://www.antiessays.com/free-essays/Economy-And-International-Relation-68947.html