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Government Goals: Economic Growth Debate


Discuss whether or not governments should aim for a high rate of economic growth.


Macroeconomic Factors and Policies

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I. 🍃Introduction
- Definition of economic growth
- Importance of economic growth in society

II. Reasons why economic growth should be pursued
- Higher incomes and improved living standards
- Reduced unemployment
- Increased tax revenue for government spending

III. Reasons why economic growth should be approached with caution
- Depletion of non-renewable resources
- Pollution and environmental concerns
- Overworking and worker exploitation
- Current account deficit and international trade issues
- Risk of inflation and economic instability

IV. Case studies and examples
- Successful economic growth stories and their impact on society
- Negative consequences of unchecked economic growth in certain countries

V. 👉Conclusion
- Balancing the benefits and risks of economic growth
- Importance of sustainable and responsible economic growth for long-term prosperity.

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