Higher taxes on resources
Obama
Capital Goods
An over dependence can cause slower economic development
Economic growth consists of many features. In some cases, smaller features work together to provide conditions for economic growth. One feature is that there needs to be a balance between import and export. Neither of these can be substantially higher than the other. Secondly, resources that are available need to be used efficiently and productively. Mismanagement of resources and over consumption may stun economic growth.
It depends on the land and the resources also the population
Pine Trees
True Economic growth occurs when there is an increase in the production of goods and services (GDP) of a certain period of time. With more resources available more goods or services can be produced
Economic growth that assures basic resources for the future is associated with sustainable human development. This type of development meets current needs without compromising the future.
to sit on a bench with a hobo who doesn't have teeth and is married to a box.
infrastructure development,positive externalities and non-exhaustion of natural resources
the first and formost aspect in economic growth is human resource development..as we will do more investment in human capital by investing particularly in education and health, we ll get more growth in our economy..to develop the human resources is most important