What's the economic growth? by andrea cascone https://padlet.com/casconea/rzalrg7nmft5 en-us 2017-03-22 09:35:53 UTC 2025-09-24 11:46:14 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Balance.png Definition casconea https://padlet.com/casconea/rzalrg7nmft5/wish/161744992 Economic growth is the increase in the inflation-adjusted market value of the goods and services.]]> 2017-03-22 09:40:55 UTC https://padlet.com/casconea/rzalrg7nmft5/wish/161744992 GOLD TEAM casconea https://padlet.com/casconea/rzalrg7nmft5/wish/161746007 Andrea 
Antonio
Berkay
Sarah
Mari Carmen
Guler 
Delia
Camille
Anna-Stina
Hugo]]> 2017-03-22 09:45:30 UTC https://padlet.com/casconea/rzalrg7nmft5/wish/161746007 How to measure it? vnckrhugo https://padlet.com/casconea/rzalrg7nmft5/wish/161750584 The most used indicator is the Gross Domestic Product (GDP). It's a monetary indicator used to know the health of a state's economy. ]]> 2017-03-22 10:05:10 UTC https://padlet.com/casconea/rzalrg7nmft5/wish/161750584 Güler (Turkey) guler_cetin_er https://padlet.com/casconea/rzalrg7nmft5/wish/161751181 Economic growth is important because it reduces poverty , it is associated with improved standard of living and it increases the wealth of both the counrty and the person. ]]> 2017-03-22 10:07:40 UTC https://padlet.com/casconea/rzalrg7nmft5/wish/161751181 Berkay (Turkey) berkay_ates_2pac https://padlet.com/casconea/rzalrg7nmft5/wish/161751285 Economic growth is the increase in the goods and services produced by an economy, typically a nation, over a long period of time. ]]> 2017-03-22 10:08:08 UTC https://padlet.com/casconea/rzalrg7nmft5/wish/161751285 How it works? anna_stina_reinas1234 https://padlet.com/casconea/rzalrg7nmft5/wish/161758173 The current global economic system requires an annual growth rate of between 3-6% to survive

Our role as consumers is key in sustaining economic growth – by increasing public spending on goods and services, firms sell more and hence are encouraged to produce more. So, higher demand leads to higher output which gives us our precious economic growth.

]]> 2017-03-22 10:39:33 UTC https://padlet.com/casconea/rzalrg7nmft5/wish/161758173 Mari Carmen (Spain) berkay_ates_2pac https://padlet.com/casconea/rzalrg7nmft5/wish/161758866 I believe that economic growth is a good form of increasing the number of individuals available for work and working.]]> 2017-03-22 10:42:38 UTC https://padlet.com/casconea/rzalrg7nmft5/wish/161758866 Positive aspects anna_stina_reinas1234 https://padlet.com/casconea/rzalrg7nmft5/wish/161759726 *Improved living standards
*Improved technology and infrastructure
*Better healthcare


]]> 2017-03-22 10:45:57 UTC https://padlet.com/casconea/rzalrg7nmft5/wish/161759726 Andrea (Italy) casconea https://padlet.com/casconea/rzalrg7nmft5/wish/161760360 
To increase the economy and help the quality of life, we need to follow the 3 R's rule: Reduced consumption of raw materials, Reuse, Recycle.
]]> 2017-03-22 10:48:30 UTC https://padlet.com/casconea/rzalrg7nmft5/wish/161760360 Negative aspects anna_stina_reinas1234 https://padlet.com/casconea/rzalrg7nmft5/wish/161760884 *Depletion of natural resources
*Increased pollution
*Climate change
*Urbanisation
*Longer working hours, stressful life


]]> 2017-03-22 10:50:31 UTC https://padlet.com/casconea/rzalrg7nmft5/wish/161760884 Sarah (France) vnckrhugo https://padlet.com/casconea/rzalrg7nmft5/wish/161763672 I think that even if the economic growth has advantages (creation of jobs, reduction poverty) it has some constraints like over-consumption, pollution or shortage of natural resources)
So maybe we have to find a middle ground in order to preserve a balance. Therefore, there is some advice: https://www.youtube.com/watch?v=CIVTIn9ye-o&feature=youtu.be]]> 2017-03-22 11:03:44 UTC https://padlet.com/casconea/rzalrg7nmft5/wish/161763672 Hugo (France) vnckrhugo https://padlet.com/casconea/rzalrg7nmft5/wish/161763941 I guess that economy is one of the most important topic in our society but I think economic growth is not allowed to destruct the environment so we have to be cautious to preserve the biodiversity.

]]> 2017-03-22 11:05:03 UTC https://padlet.com/casconea/rzalrg7nmft5/wish/161763941 Is economic growth sustainable? anna_stina_reinas1234 https://padlet.com/casconea/rzalrg7nmft5/wish/161764385 The growth of economy can't go on forever. An economy, that damages the same earth it's trying to manage is a failing economy. If we are serious about saving the planet we may need to do more than minimize our personal carbon footprint - we need to restructure the entire economy. 


]]> 2017-03-22 11:07:25 UTC https://padlet.com/casconea/rzalrg7nmft5/wish/161764385 Antonio(Romania) antonio_turc https://padlet.com/casconea/rzalrg7nmft5/wish/161764903 A better life can be obtained only if there will be an increase in the amount of goods and services.
The economic growth is determined by:
- government
- public institutions
- increase of the population
- technological changes


]]> 2017-03-22 11:10:18 UTC https://padlet.com/casconea/rzalrg7nmft5/wish/161764903 Sustainable economy anna_stina_reinas1234 https://padlet.com/casconea/rzalrg7nmft5/wish/161765882 A sustainable economy can be described as one that meets the needs of the present without compromising the ability of future generations to meet their own need.
The key to moving towards a more sustainable economy is to change our lifestyle to one  which consumes fewer resources


]]> 2017-03-22 11:15:35 UTC https://padlet.com/casconea/rzalrg7nmft5/wish/161765882 Anna-Stina (Estonia) anna_stina_reinas1234 https://padlet.com/casconea/rzalrg7nmft5/wish/161768227 I believe that our economy at the moment is failing. It's not sustainable and is depleting the planet from resources. In my opinion we need to  build an economy that meets people's needs without undermining the life-support systems of the planet]]> 2017-03-22 11:26:21 UTC https://padlet.com/casconea/rzalrg7nmft5/wish/161768227 Example of a sustainable company vnckrhugo https://padlet.com/casconea/rzalrg7nmft5/wish/161824418 2017-03-22 14:11:38 UTC https://padlet.com/casconea/rzalrg7nmft5/wish/161824418 Another example vnckrhugo https://padlet.com/casconea/rzalrg7nmft5/wish/161825628 2017-03-22 14:14:50 UTC https://padlet.com/casconea/rzalrg7nmft5/wish/161825628 casconea https://padlet.com/casconea/rzalrg7nmft5/wish/161837782 2017-03-22 14:42:39 UTC https://padlet.com/casconea/rzalrg7nmft5/wish/161837782