The New Encyclopædia BritannicaEncyclopædia Britannica, 1983 - Encyclopedias and dictionaries |
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Page 214
... growth of consumption per capita is often cited as an index of the growth of welfare within a society . This measure can be objected to as misleading because it does not take ac- count of expenditures by government on health , educa ...
... growth of consumption per capita is often cited as an index of the growth of welfare within a society . This measure can be objected to as misleading because it does not take ac- count of expenditures by government on health , educa ...
Page 216
... growth of output in ways that cannot be accounted for by simply measuring growth in total inputs . Historically , the allo- cation of both capital and labour have shifted during the growth process from low productivity sectors to high ...
... growth of output in ways that cannot be accounted for by simply measuring growth in total inputs . Historically , the allo- cation of both capital and labour have shifted during the growth process from low productivity sectors to high ...
Page 219
The role of money in growth The Hanseatic League Bubonic plague The Fugger banking houses. A policy of encouraging growth has the effect of keeping the demand for imports high and making labour markets tight , thereby tending to push up ...
The role of money in growth The Hanseatic League Bubonic plague The Fugger banking houses. A policy of encouraging growth has the effect of keeping the demand for imports high and making labour markets tight , thereby tending to push up ...
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activity Africa agriculture America became become body called capital caused central centre century changes Christian Church continued core countries cultural demand direction early Earth East Eastern eclipse economic effect established Europe example feet field Figure flow force groups growth important income increase industry internal investment Italy kilometres known labour Lake land later less living magnetic major mantle material means measurements ment metres miles mountains move movement nature North observed occur ocean organization origin Orthodox patriarch percent period planning Pleistocene political population position possible present problems production region relatively remained result rise River rocks social society South species structure surface theory tion trade traditional United West Western