economic growth - one of the primordial consideration the characteristics of any state, a goal sought by modern society.
called economic growth increase (quantity and quality) production per capita.Some dictionaries consider this concept as a tendency to increase the output to an individual per capita.
economic growth and its types - the concept of a progressive, however, the term has a positive and negative characteristics.
positive sides are:
• Growth of security company due to the steady increase in production.
• Against this background - the growth of the international image of the country in economic terms.
• Increase in the number of employed population and, as a consequence, the growth of material well-being of the occupied population.
• The use of the latest technology, a positive change of production technology, qualitative change in working conditions.
Negatives:
• Environmental degradation, negative impact on the environment, the depletion of resources.
• Overcrowding, especially large cities with developed industrial infrastructure.
• The growth rate of labor.
• The need for continuous training of personnel.
economic growth and its types - the concept is ambiguous.Officially emit intensive and extensive economic growth.Extensive type is characterized by the build-up of quantitative power of all factors of production.This is the construction of new factories, hiring more workers, increasing the number of machines, cars and so on. The equipment needed for production.
intensive types of economic growth - is a rational use of existing production factors.The factors of production in this case are the achievements of science, retraining of workers, proper redistribution of resources and economy.
However, economic growth and its types in reality is a more complicated system.
Economists identify:
• balanced economic growth.There has developed leading countries: the US, many European countries.
• «Miracles growth", that today the whole world is surprised by Japan, China and some other Asian countries.
• «The tragedy of growth" - the phenomenon of reducing not only economic growth, but steady decrease in living standards, threatening death to members of this society.
• Lack of growth.These types include, for example, Zimbabwe.
The nature of the state and society, economic growth and determine the types of very different factors.Usually they are called sources or factors contributing to the growth of the economy.These factors are common to all countries.Some of the sources of economic growth determinants scientists believe.
• The content of the natural resources.Naturally, the country's economy, which has water, mineral, land, or any other resource, is developing faster than the economies of countries without natural resources.
• Characteristics of the labor force: the number, the skill level, employment, sustainable use.
• The height of the scientific and technological development, the level of implementation of these discoveries into production.
• Availability of fixed capital.Without continued investment, capital renewal, etc.growth stops.
• The rational structure of the economy, its ability to change quickly in response to changing needs or economic conditions.
• Type of economy.Historically, it is proved that the market economy is more productive than others.
• Social and political factors that support business development, eliminate corruption, raising a healthy attitude towards competition.
Speaking of the concept of "economic growth and its types," it should be remembered that its reverse side in any country is the economic instability, which can manifest itself in the growth of inflation, the rise or decline of the economy, imperfect taxation.
