ECONOMICS
ECONOMIC SYSTEMS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
It would descrease
|
|
|
It would not change
|
|
|
It would increase
|
|
|
It would depend on other factors
|
Detailed explanation-1: -It is dominated by oil and gas production, although over 40 industries are directly involved in the Tehran Stock Exchange. The stock exchange has been one of the best performing exchanges in the world over the past decade.
Detailed explanation-2: -The Relationship Between Education and Economic Growth. Decades of research confirm that increased investment in education leads to increased economic growth. This includes higher salaries for individuals, greater workforce effectiveness, and higher gross domestic product.
Detailed explanation-3: -After the western removal of the democratically elected government of Iran, between 1954 and 1960 a rapid increase in oil revenues and sustained western foreign aid led to greater investment and fast-paced economic growth, primarily in the government sector.
Detailed explanation-4: -An economy’s productivity rises as the number of educated workers increases since skilled workers can perform tasks more efficiently. An economy is more valuable when equal education and labor opportunities are available across gender, race, age, and ethnicities.