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ID number:665830
 
Evaluation:
Published: 12.08.2006.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

Benefits of economic growth:
- increase in SoL, as measured by GDP
- new jobs are created, unemployment declines
- increase in tax revenue for the governments, so more can be spent in areas such as health and education
- increase in asset wealth
- increase in foreign investment
- more business and consumer confidence, which may lead to more investment
- more investment leads to "innovation and inventions".

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