The existing business groups

Afrinrubi

We can distinguish several types of economic growth, which we divide into: extensive – is caused by increasing technological knowledge and capital expenditure on employees, as well as allocating resources to more effective industries; intensive - occurs along with innovations, We should also mention non-renewable resources oil, natural gas, precious metals, etc. , which have significant economic importance. Due to the fact that there are fewer and fewer of them, this threatens the dynamics of economic growth.
  
Unequal incomes of residents - usually better earnings do not apply to the general population, only to a selected part of it. The unequal distribution of income may eventually begin to reflect in declining consumption phone number list and, paradoxically, sometimes in the deterioration of people's financial situation. Economic miracle – what is it Very rapid and rapid economic growth is sometimes informally called an economic miracle . It happens quite quickly and unexpectedly. Below we will provide some examples of countries that have experienced this phenomenon in their history. Examples of economic miracles Japan After World War II, Japan achieved economic growth of almost %, which was called an economic miracle.



US activities in the field of industrialization, decentralization of the economy and increased exports contributed to improving the living conditions of the local population. The purpose of such action was the fear that otherwise Japanese society would defect to the Soviet Union. , the so-called keiretsu , which agreed to cooperate to improve the industry. The development of technology and employment growth related to this event enabled more effective management and increased profits of enterprises, which contributed to a large increase in GDP. These were the main determinants thanks to which the Japanese economy flourished and became one of the most powerful in the world.