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Topic: Will Economy Grow Forever? - page 10. (Read 4071 times)

newbie
Activity: 34
Merit: 0
August 17, 2018, 08:38:01 PM
Economic development is based on a chart. It is infinite, but depends on different factors, typically a country that grows too fast, they need to have a high capitalization
newbie
Activity: 33
Merit: 0
August 17, 2018, 02:10:31 PM
in my opinion the economy will still experience ups and downs
member
Activity: 190
Merit: 10
August 17, 2018, 12:57:18 PM
Few people are trying to claim ignorance. They trust that the Earth's assets are boundless and that a bean stalk can develop to the sky. Or on the other hand maybe they know somewhere down in their heart that we are making a course for an ecological and monetary fiasco, one that they think only they will get by through minds, gold, and firearms.
Others accept intensely that innovation will safeguard us out once more, that smart primates will dependably locate another apparatus that will enable us to separate always stuff from the planet.
Up until this point. Changes in horticulture, back, government, assembling and transportation kept pace with the populace development.
The advancement in technology improved economy from past many years but do you think it will grow forever or their will be reduction in resources?
How many kind of world economy system is developing to a certain point when it needs to be replaced, upgraded, or changed in core. So probably our economy would be improving till the time it will be replaced with crypto.
newbie
Activity: 112
Merit: 0
August 17, 2018, 03:46:33 AM
After the economic crisis is going to be a period of economic recovery and development we should understand the rules of economic development so as not to be crushed if the economy declines.
newbie
Activity: 17
Merit: 0
August 17, 2018, 02:58:55 AM
The growth in the economy is possible only with the technological intervention and is not possible without it. This is one undeniable fact and is proved by the Solow in his model that there can be a constant rise in the economy of a country only when the technology is not given and it advances with the passage of time.

This was later on proved right and Solow was given a Nobel Prize for his work. Same is the case with the cryptocurrencies that it can improve the economy and can give rise to a growing economy only if there is technological advancement.
That's an interesting idea. Wouldn't that sort of have to assume that the population isn't changing and that all the people are already working? If that's true, I can see that being accurate. Otherwise, wouldn't the economy grow when the population grows? There would be new people making money and spending money. More importantly, they'd be producing products or providing services that weren't available. Wouldn't that by definitely mean growth in the economy. Also, if some people aren't working, then they start working, wouldn't that result in economic growth? Am I missing something here?
full member
Activity: 438
Merit: 104
August 17, 2018, 02:43:05 AM
What is growth of economy - it is the growth of amount of material vaules, if it will be, cryptocurrencies will grow to
Ofcourse, economies of countries belong to them and they will continue their efforts to maintain and bring progress by applying legal ways. Now many countries are benefiting their economies due to the use of Bitcoin and other cryptocurrencies they are benefiting. As long as they are working to make decisions which are best for economies then they will proceed forward for further progress.
hero member
Activity: 1120
Merit: 507
August 17, 2018, 12:23:24 AM
Few people are trying to claim ignorance. They trust that the Earth's assets are boundless and that a bean stalk can develop to the sky. Or on the other hand maybe they know somewhere down in their heart that we are making a course for an ecological and monetary fiasco, one that they think only they will get by through minds, gold, and firearms.
Others accept intensely that innovation will safeguard us out once more, that smart primates will dependably locate another apparatus that will enable us to separate always stuff from the planet.
Up until this point. Changes in horticulture, back, government, assembling and transportation kept pace with the populace development.
The advancement in technology improved economy from past many years but do you think it will grow forever or their will be reduction in resources?
Resources on Earth are limited, but there are a lot more than you may think. The only way that capitalism can function is on the basis of scarcity. If everybody has an unlimited source of oil, nobody will buy it. If they have too much, they may even pay others to take it away. If there is a lot of oil, it will be cheaper than if people believe the supply is limited. It is in the best interest of companies to make people believe in scarcity. A capitalistic will not give you a true picture of the available resources in the world. There's too much money at stake. Resources are not the only factor in an economy, but they make up a big part of it.
The growth in the economy is possible only with the technological intervention and is not possible without it. This is one undeniable fact and is proved by the Solow in his model that there can be a constant rise in the economy of a country only when the technology is not given and it advances with the passage of time.

This was later on proved right and Solow was given a Nobel Prize for his work. Same is the case with the cryptocurrencies that it can improve the economy and can give rise to a growing economy only if there is technological advancement.
member
Activity: 490
Merit: 14
August 16, 2018, 08:47:38 PM
Tak ada yg bisa memprediksi suasana ekonomi suatu negara apalagi negara seperti negara'kita Indonesian negara yg berkembang bukan negara maju.. menanam pohon saja masih ada keraguan untuk hidup apalagi memprediksi situasi ekonomi suatu negara itu pekerjaan yg berandai-andai..saya rasa begitu gan.
newbie
Activity: 182
Merit: 0
August 16, 2018, 08:16:33 PM
absolutely not. Economy is not always grow forever. Economy is always going through a struggle, because of many factors that the government might facing. It always change because some leaders or some staff of Governments is depend on them on how they handle or proposed some idea to help the econmy to up.
hero member
Activity: 1008
Merit: 501
August 16, 2018, 07:29:09 PM
Yes economy will still grow. But it depend on how fastest it be. Because if the government are focus on it and never do corruption the economy will boost
Yeah it will all depend on the government, if the government has a good breakthrough to boost the economy such as opening jobs, self-sufficiency in food, cheap taxes for businesses and companies, and policies that benefit the people, maybe the economy in the country can grow high
jr. member
Activity: 44
Merit: 1
August 16, 2018, 07:11:45 PM
This is a funny question. Nothing can grow forever by definition. The current widespread belief - ie the current ideology - is that it can. Well, all dreams come fatally to an end one day.
full member
Activity: 476
Merit: 101
www.daxico.com
August 16, 2018, 05:40:40 PM
Talking about economic growth in relation to cryptocurrencies, there is really a strong relationship with these entities. Indubitably, countries who embraced cryptos said that there is a significant growth for their economy while they engaged in crypto specially when cryptos are in boom and a significant fall when it's down. Therefore, just like crypto being volatile, economic growth would also have an unstable pulse in relation to cryptos' status.
hero member
Activity: 1078
Merit: 501
August 16, 2018, 03:41:11 PM
I think as investors grows the economy also grows,so i can say that economy can grow forever because of unending needs of people that investors created in the market but sometimes financial crisis happen.
You are right now is the positive time for us to see the growth of economy, because bitcoin is being on demand everyone is willing to buy as now they trust it, as much as investors will invest and make the price of bitcoin same way our economy will grow, growth of economy matters with the growth of those things which can make it high, so buy some coin and help your economy to get high.
newbie
Activity: 122
Merit: 0
August 15, 2018, 10:59:13 AM
The economy is influenced by both objective and subjective factors, both natural and man-made, if the economy is affected by natural disasters that will slow it down and affect development especially in agriculture. Cheesy Cheesy
newbie
Activity: 37
Merit: 0
August 15, 2018, 07:36:16 AM
Economy can't just grow like that. There will always be forces that can slow it down.
newbie
Activity: 54
Merit: 0
August 15, 2018, 07:16:37 AM
Economy will continue to grow if there is peace and no crises.
full member
Activity: 490
Merit: 101
August 15, 2018, 07:15:45 AM
Few people are trying to claim ignorance. They trust that the Earth's assets are boundless and that a bean stalk can develop to the sky. Or on the other hand maybe they know somewhere down in their heart that we are making a course for an ecological and monetary fiasco, one that they think only they will get by through minds, gold, and firearms.
Others accept intensely that innovation will safeguard us out once more, that smart primates will dependably locate another apparatus that will enable us to separate always stuff from the planet.
Up until this point. Changes in horticulture, back, government, assembling and transportation kept pace with the populace development.
The advancement in technology improved economy from past many years but do you think it will grow forever or their will be reduction in resources?


Economic growth from my own perspective is already possible with the assets and wealth already on ground. I feel if and when wealth is somewhat evenly distributed, there will be a stabilized/buoyant economy. But what we see generally is wealth being amassed by some categories of people and individuals. If and individual is being given a particular wealth cap and the overflow/excess wealth is being pumped back into the economy then our economies can develop more.
member
Activity: 420
Merit: 11
DISRUPTING THE $23.5 B SCIENCE PUBLISHING INDUSTRY
August 15, 2018, 07:08:48 AM
in my opinion, the economy will develop or not, depending on the condition of the community, if the community has a good life and economy, the economy will develop but if people still have difficulties in their lives, then the economy has not been fulfilled
newbie
Activity: 27
Merit: 1
August 15, 2018, 06:49:14 AM
Of course i belive in better future for all the world Roll Eyes
sr. member
Activity: 1792
Merit: 255
August 15, 2018, 06:47:37 AM
The presence of bitcoin becomes its own color, now everyone can invest and earn income from bitcoin, this is certainly a strong and good indication that the future of bitcoin will improve the world economic system.
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