https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5 en-us 2022-02-01 09:15:27 UTC 2025-09-25 04:17:06 UTC hello@padlet.com mark_swifte https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2022936126 2022-02-01 09:15:27 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2022936126 mark_swifte https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2022936127 2022-02-01 09:15:27 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2022936127 mark_swifte https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2022936128 2022-02-01 09:15:27 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2022936128 mark_swifte https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2022941872 2022-02-01 09:20:00 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2022941872 mark_swifte https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2022942552 2022-02-01 09:20:34 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2022942552 mark_swifte https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2022947610 As real GDP increases individuals could have an increase in their income. This means that they will also be able to increase their consumption. They might consume more essential goods such as nutritional food and this will improve their quality of life. They might consume more luxury goods such as televisions and this will also improve their quality of life. ]]> 2022-02-01 09:24:21 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2022947610 moritzvonderbrake https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023282664 If the GDP increases, the PL may increase ]]> 2022-02-01 13:20:36 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023282664 https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023285289 2022-02-01 13:22:06 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023285289 giovannaviana1 https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023285304 Are you saying that there are measures of productivity of FoP?]]> 2022-02-01 13:22:06 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023285304 moritzvonderbrake https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023285827 An increase in equality will increase the quality of living for most people.]]> 2022-02-01 13:22:25 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023285827 https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023286980 How is this related to Economic Growth?]]> 2022-02-01 13:23:00 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023286980 yeonsungkang https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023287423 Consumption + investment + government spending + (export - import)]]> 2022-02-01 13:23:14 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023287423 https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023287508 Can be used to illustrate economic growth by outwards shift of the curve (potential growth).
What is the difference between potential and actual growth?]]> 2022-02-01 13:23:16 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023287508 moritzvonderbrake https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023288161 Is this connected to Economic Growth?

Yes because it is connected to equality which improves average standard of living.]]> 2022-02-01 13:23:40 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023288161 https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023289419 Injections-Leakages gives you the economic growth. However, Leakages of one country are the injections of another meaning that there might be economic growth in one country by the overall development of the entire world economy does not increase ]]> 2022-02-01 13:24:21 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023289419 nikolaus_humberg https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023290425 How does this affect development?: Affirmative action imporves equity by providing underpriveledged with improved opportunities for future careers. Hence, they also improve inovation because more highly intelligent people are enabled to persue careers and imporve processes Eg. in machinery]]> 2022-02-01 13:24:56 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023290425 moritzvonderbrake https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023290901 2022-02-01 13:25:13 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023290901 nikolaus_humberg https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023291516 What are some examples? How do these affect Economic Development?: FGovernment interventuon can be used to eliminate large boom and bust periods in the economy. The less extremes there are, the better it is for long-run economic development. This intevrention can come in different forms, incluiding fiscal and monetary policy ]]> 2022-02-01 13:25:34 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023291516 moritzvonderbrake https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023292576 How do these affect Economic Growth? What is the connection?

Expansionary fiscal policies like tax reduction cause an increase in spending which leads to an increase in GDP therefore growth ]]> 2022-02-01 13:26:08 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023292576 nikolaus_humberg https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023293478 How is this connected to Economic Growth?: Economic integration helps countries and economies to grasp the benefits of free trade thus, posibly leading to economic growth due to increased effecincy, lower prices, higher emplyoement...]]> 2022-02-01 13:26:36 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023293478 nikolaus_humberg https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023297045 GNI coefficient]]> 2022-02-01 13:28:33 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023297045 yeonsungkang https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023297155 Human resources, natural resources, technology]]> 2022-02-01 13:28:36 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023297155 https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023298720 Time spend with the family or reducing the work time to spend more time on self indulgence does not increase the GDP but can have huge influence on the quality of life. ]]> 2022-02-01 13:29:18 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023298720 giovannaviana1 https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023300652 Economic growth (GDP) does not include sustainability as a primary measurement of growth; 
Gains in income generated from economic growth may not be distributed fairly ]]> 2022-02-01 13:30:17 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023300652 https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023301318 everybodys definiton of a happy life is something else. And everybody wants different things.]]> 2022-02-01 13:30:39 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023301318 mark_swifte https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023306366 How are these ideas connected?]]> 2022-02-01 13:33:03 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023306366 giovannaviana1 https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023310364 Economic growth can result in higher government tax revenue that can be spent on merit goods (e.g. schools, hospitals) that improve economic development ]]> 2022-02-01 13:35:07 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023310364 https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023325891 new technologies]]> 2022-02-01 13:42:49 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023325891 https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023325993 Supply side policies can be used to increase productivity and shift the PPC outwards. They influence the economic development of countries]]> 2022-02-01 13:42:52 UTC https://padlet.com/mark_swifte/yy0fjxjzluuc6ki5/wish/2023325993