Evaluate the case that economic growth is always beneficial to a country

Introduction to economic growth

Benefits - Living standards increase (more jobs, higher income, better life)

                - but not always, sometimes growth occurs in the minority so only some benefit. Sometimes growth deteriorates health (smoking, pollution)

Drawback - Demand side economic growth = inflation. Potential depletion of natural resources

Answered by Jake B. Economics tutor

5355 Views

See similar Economics GCSE tutors

Related Economics GCSE answers

All answers ▸

What factors cause the shifts and movements of the demand curve?


What is the basic economic problem?


Explain what is meant by ‘price elasticity of demand’


Explain one externality that could come about as a result of a factory producing clothes.


We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo
Cookie Preferences