Economic Growth. Economic growth, according to Xxxxxx (2019, citing Xxxxxxxx (2002), is defined as a rise in the productive potential of an economy as evidenced by a continued increase in the real national income over a number of years. Increase the quantity and quality of production factors, such as laburr and capital, can help to boost growth. He goes on to say that economic expansion has a lot of advantages, including a higher standard of life and a lower poverty rate. Growth, on the other side, might come with a price tag, such as technological unemployment, rapid depletion of nonrenewable resources, and negative externalities. Economic growth, according to Xxxxxxxxx and Xxxxxxx (2020), is a process in which an economy's drivers improve through time, resulting in an increase in national income levels. Hence, in this study, economic growth is one of the variables to be measured and the study agrees with the foregoing submission of Etale and Edoumiekumo (2020) and measures economic growth using real Gross Domestic Product of Nigerian Economy as this is the most popular metric of economic growth found in the literature.
Economic Growth. Comment [WU14]: Create a relationship how the development of insurance companies has influenced Economic Growth Comment [WU13]: review this citation Economic growth, according to Xxxxxx (2019, citing Xxxxxxxx (2002), is defined as a rise in the productive potential of an economy as evidenced by a continued increase in the real national income over a number of years. Increase the quantity and quality of production factors, such as laburr and capital, can help to boost growth. He goes on to say that economic expansion has a lot of advantages, including a higher standard of life and a lower poverty rate. Growth, on the other side, might come with a price tag, such as technological unemployment, rapid depletion of nonrenewable resources, and negative externalities. Economic growth, according to Xxxxxxxxx and Xxxxxxx (2020), is a process in which an economy's drivers improve through time, resulting in an increase in national income levels. Hence, in this study, economic growth is one of the variables to be measured and the study agrees with the foregoing submission of Etale and Edoumiekumo (2020) and measures economic growth using real Gross Domestic Product of Nigerian Economy as this is the most popular metric of economic growth found in the literature.
Economic Growth. 7.1. The Parties wish to work together to grow the Tahltan and Provincial economies and, to support achieving that goal, the Province will, as soon as practicable after the Effective Date, pay $16 million to Tahltan Central Government for economic development purposes (the “Economic Development Funds”).
Economic Growth. DiDIY does not necessarily create more economic activity66, not of the kind that increases GDP at least. If it became really commonplace, it may contribute to reduction of international trade and GDP, instead. On the other hand, access to DiDIY services may be a boon for low-income individuals and communities. For the same reasons why it can be an obstacle to traditional economic growth, DiDIY may increase resiliency, both at the personal and community level. Applications of DiDIY with these effects go from DIY Internet access network in rural areas to 65 xxxx://xxx.xxxxx.xx/blogs/wovns-bringing-personal-fabrication-jacquard-woven-textiles. 66 xxxx://xxx.xxxxx.xx/blogs/taking-diy-next-level. telemedicine, increasing local food production through hydroponics, crop and cattle monitoring, or keeping farming economically viable, by reducing its cost. An example of the latter application is the work of Xxxxxxx Xxxxxx, a Canadian farmer. Xxxxxx, without previous experience in programming or electronics, used DiDIY to hack his tractor, so it can follow and assist him in the fields67. As is, that specific DiDIY project may only be useful on very large, flat fields as in Xxxxxx’x case. Still, it is a good example and application of the point above, which we discussed at length in our 2015 paper on “Digital DIY for self-sustainability of rural areas”68.
