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Topic: What is the cause of economy rise and fall. - page 7. (Read 1445 times)

member
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Some countries economy are constant and some economy rise and fall, from my understanding I suggest that is because of government,and population of the country. What is your suggestion
I think both the population and government has the rule to the economic status of every country. It is like the demand and supply. If the supply is limited and the demand is unlimited ,the value of a product will be great because it will increase. Same with the population that stand as a work force or manpower of the government  to produce a growth for the economy. The decline of the economy is base on any circumstances like this Covid-19 pandemic that cause a huge damage to every country which is most affected.
hero member
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Government and population, -but countries like China where the population count is large can still boast of a good economy- so it more bad government, unproductive citizens making High chunk of the population can be a cause of the economy rise and fall. Also unforseen calamities -war, health hazards- can cause a fall in economy.
hero member
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Government and the people combined.
You cannot separate the two, it is glued with each other.

Government as a helping hand to find new jobs for the people for tax money to increase.
More tax money means more projects for infrastructure, health and resources.
That should keep on flowing until every project ends. Then, the new one should be ready.
If money keeps on flowing then it means good economy.

What you said is reality because government have everything in a country and them have to secure employment for their citizens because no one knows a citizen that can help to build up a country economy.
Also government have to setup infrastructure that will generate revenue for the country to avoid improper flow of economy or falling of economy.
hero member
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Yes, it's because of us, population. We're the manpower of the economy of our countries and without us, a country can't live on its own. Factors that can make an economy fall is through a crisis like this covid19 outbreak.

As we see, it made a lot of countries suffer for months and even up to now.

Yeah I agreed with you that population is manpower of a country because without population a country is empty is due work force of people that will determine the growth of a country.
In other way is not about population or size of country that causes down fall of a country, it can caused by government base on the way a country is been governor is what will contributes for a country to accelerates in economy.
I agree about the downfall.

The governance sure has a big factor if the country's economy is rising and falling. And we as citizens will depend to our leaders and officials base on how they handle situations and attract investors.
legendary
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Government and the people combined.
You cannot separate the two, it is glued with each other.

Government as a helping hand to find new jobs for the people for tax money to increase.
More tax money means more projects for infrastructure, health and resources.
That should keep on flowing until every project ends. Then, the new one should be ready.
If money keeps on flowing then it means good economy.
full member
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Some countries economy are constant and some economy rise and fall, from my understanding I suggest that is because of government,and population of the country. What is your suggestion
I think the main cause of a country's economy going up and down is the country's political condition..  investment policies, foreign/domestic policies, import/export policies, tourism policies and other policies issued by the head of government in the country can affect the country's economic conditions.  to be more accurate, you can read this BOOK
copper member
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Well, it depends on the performance of the economy but of course, there's a lot of factors that affect the economy. I agree with the government because they are the ones controlling most factors that affect the economy such as businesses, laws, policies, and more. If the government knows how to run the country, the economy will be in a good position but if corrupt officials will lead the economy then nothing will happen and the people's money will only go to their own pockets.

One thing I can also add is technology. We all know that we are in the fourth industrial revolution which technology is changing our way of living by making things easier and convenient with the use of technology. With the help of technology, a country or government can maximize its use to improve its economy in many possible ways because today we are mostly relying on technology and advancement. Look at the countries with advanced technology, their economy is mostly doing well while those who lack technological advances were behind.
hero member
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Yes, it's because of us, population. We're the manpower of the economy of our countries and without us, a country can't live on its own. Factors that can make an economy fall is through a crisis like this covid19 outbreak.

As we see, it made a lot of countries suffer for months and even up to now.

Yeah I agreed with you that population is manpower of a country because without population a country is empty is due work force of people that will determine the growth of a country.
In other way is not about population or size of country that causes down fall of a country, it can caused by government base on the way a country is been governor is what will contributes for a country to accelerates in economy.
hero member
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★Bitvest.io★ Play Plinko or Invest!
Yes, it's because of us, population. We're the manpower of the economy of our countries and without us, a country can't live on its own. Factors that can make an economy fall is through a crisis like this covid19 outbreak.

As we see, it made a lot of countries suffer for months and even up to now.
Ucy
sr. member
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That could be prevented if the right people are put in the right places, and things are done right.
I also think using world economics metrics to guage your success doesn't help much. In my opinion, there tend to be conflicts/confusions when strange economic systems that make no sense to people or are against good norms/culture are adopted. What matters in my opinion is that people are happy, satisfied, contented, healthy, moral, good, productive, efficient, etc... And our economic activities basically have to be good for us, the environments, animals, world etc,.
There is also these theories or rumors that some deliberately destroy economies through policies and other immoral/unethical means for selfish reasons. I never believed this in the past.
I believe proper decentralization(through decentralized tech) can solve alot of the above issues.
sr. member
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Some countries economy are constant and some economy rise and fall, from my understanding I suggest that is because of government,and population of the country. What is your suggestion
Yes, I agree with your thoughts. But I want to add one more thing that the economy can also be affected by nature. For example, in Dubai, it is a very small country and a very small population, but it owns one of the largest oil fields in the world. Since then, Dubai has become very rich. otherwise, it is due to natural disasters or epidemics and need not for example, you also understand how big its impact is.
hero member
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Some countries economy are constant and some economy rise and fall, from my understanding I suggest that is because of government,and population of the country. What is your suggestion
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