Answered: How has China's economic growth…

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter20: Economic Growth In The Global Economy

Section: Chapter Questions

Problem 4P

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How has China's economic growth affected its cultural beliefs? How have its cultural beliefs affected its economic growth?

- The Economy vs the Environment

- Family

- Workplace Protection

- Opportunity and progress

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http://www.worldbank.org/en/region/eap/publication/east-asia-pacific-economic-update

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Definition Definition Increase in the amount of goods and services produced by a country in a given period of time compared to an earlier period. Economic growth is generally coupled with a rise in national income or the purchasing power of individuals. It is often measured in terms of the increase in a country's gross domestic product (GDP), or the overall monetary value of all the complete or final services and goods that a country can produce within its domestic boundaries in a specific period.

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