ECONOMICS
TRADE EXCHANGE AND INTERDEPENDENCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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reduces the gross national product (GNP) and population growth
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usually means a zero population growth (ZPG) policy is established
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reduces poverty and increases social and political stability
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usually means a country produces more than it consumes
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Detailed explanation-1: -Economic development is a critical component that drives economic growth in an economy, creating new job opportunities and facilitating an improved quality of life that includes increased access to opportunities created by economic growth for existing and future residents.
Detailed explanation-2: -Economic growth has helped in the reduction of poverty, making it clear that there is a strong link between economic growth and poverty reduction. Economic growth encourages people to send their children, including the girl child, to schools in the hope of getting better economic returns from investing in education.
Detailed explanation-3: -In this contemporary era, the world is changing rapidly and dramatically. Economic development is an important thing to counter some gigantic problems like poverty and unemployment in each and every nation.
Detailed explanation-4: -Poverty alleviation is accompanied by a number of positive social impacts. These include improved access to food (that results in higher nutritional and health levels), improved access to education (due to higher income levels and ability to pay for fees and supplies), and improved employment opportunities.