ECN400 Colorado State Economic Growth Rates of USA Japan Ethiopia and China Paper

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ECN400

Colorado State University Global

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Economic growth rates vary greatly from country to country. Look at the experiences of the United States, Japan, Ethiopia, and China over the last twenty years.

  • Find the average growth rate for each country over that period.
  • What are some of the differences between those countries that have led to their different growth rates?
  • Identify at least two important and distinct government policies for each country that has helped lead to their unique experience.

Adhere to the following standards:

  • Your paper should be two or three pages in length, not including the title or references pages.
  • Review the grading rubric.
  • Be sure to follow the CSU-Global Guide to Writing and APA Requirements (Links to an external site.)Links to an external site..
  • Incorporate at least three scholarly references that are not required readings for this module. The CSU-Global Library is a good place to find these references.
  • Each paper should include an introduction, a body with at least two fully developed paragraphs, and a conclusion.

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Explanation & Answer

Attached.

Economic Growth Rates - Outline
I. Average economic growth rate of various countries
II. Factors influencing economic growth
A. China
B. Japan
C. USA
D. Ethiopia
III. Government Policies affecting the economy
A. Ethiopia
B. Japan
C. USA
D. China


Running head: ECONOMIC GROWTH RATES

Economic Growth Rates and Differences between Countries
Name
Institution

1

ECONOMIC GROWTH RATES

2

Economic Growth Rates and Differences between countries
Average Economic Growth rate of various countries
The U.S. financial system evaluates with marketplace prospect of 2.4 percent. The
Growth rate in the United States has a mean of 3.22 percent for the past twenty years. The
growth rate in Japan had a mean of 0.49 percent for the past two decades. In Ethiopia the
average growth rate was 7.9 percent for the past two decades while in China the average
growth rate was 9.52 percent from 1989 until 2019 (Shi et al., 2015).
China
There is an abundant supply of employees in China with a stable stream of rural-urban
migrants in rural areas and simultaneous expansion in industrialized employment in cities.
Also, the redundancy rate has reduced in recent years escalating income limits. Additionally,
China has hastened fiscal development because the regime has controlled all decision-making
processes. China has enormous assets of natural property, having immense minerals ...


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