What are the advantages and implications to a society of steadily growing economy? What are the historical trends in the United States for economic growth over the last one hundred years? What factors lead to this growth and what role did governmental policy including both short term and long term contribute to this growth. Finally, select a slow growing country and discuss the factors including government policy that contributed to this.

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There is nothing good to a country than a growing economy be it a slow or steady or even faster growing one Economic growth directly translates to an increase in GDP An increase in GDP means that a gi... View the full answer