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There are several causes of low economic growth rates,low
productivity and poverty in our society today.isolate and
discuss these factors.show fully how they negatively affect
our society.
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Answer Posted / hatilima malambo
1)Low economic growth rates are brought about by - donor
aid in that LDCs tend to be more dependant on it thus lose
focus on longterm planning and investment ventures that
they could embark on.
2) Larger Population - The larger the population of a given
country the less each indivdual will benefit from resources
available thus no improvement in their economic status.
3) Decline in Investment - A decline in investments brings
about low economic growth rates in that lots of people lose
their their jobs in the long run being of reduced
investment opportunities.
| Is This Answer Correct ? | 39 Yes | 6 No |
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