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Slingshot: What Is Limiting Economic Growth?

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When it comes to the thought-provoking question of what is limiting economic growth around the world there is no definite answer. Dean Kamen is the founder of SlingShot a water purifier Kamen in the documentary not only identified the problem he proposed a simple solution--clean drinking water. Resources contribute to economic growth and water is a resource unfortunately many countries don’t have access to clean drinking water. How can you have economic growth when half of the population is sick and not don’t have the ability to work because of the water contamination? Although, we are currently on macroeconomics this was shown on a micro level with the Flint water crisis.
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The Population Growth/Urbanization is a huge factor in China’s water scarcity. China’s growth grew by 36 Million people and so then more people are in need water than 2 decades ago.(Doc B) When people urbanize to the city they become wealthier, making them want to eat meat, and get drunk so the beer they drink uses a lot of water making the scarcity even bigger.(Doc B) Also the water use by sector is also making a lot of the water get used up by the people moving into the cities.(Doc C) This problem helps explain China’s water shortage because It causes more and more people to suffer while the rich drink the poor don’t and the people suffer because they use the water for energy. It also helps the shortage because the growing population needs more water now then 2 decades ago.

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Between 1800 and 1900, the United States experienced great economic growth. Two factors that contributed to this growth were government policies and technological developments. America at the time was experiencing cultural and industrial revolutions at a rate that most other new nations, even today, could ever dream of. Government policies and technological developments had a huge influence on the American economy and shaped its character to an extent that defined for the future magnitude of success that it would see throughout the century. Policies such as the National Road and the tariff tax, and technological developments such as the cotton gin and the production of railroads, all contributed to the economic growth of the United States.

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It is true that there are factors contributing to China’s water scarcity, such as Global warming, Water pollution and Industrialization but if China does not tackle this situation now or it will spell D.A.N.G.E.R.O.U.S. However, the three biggest causes of China’s water-scarcity crisis are Global warming, Water pollution and especially Industrialization. It is up to China's government, economic and political group to fix this problem. Can they do it or can

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The effect of the recession on HBCUs As we know a recession is defined as a temporary decline in income due to reduced trade and production activity. Everything in society is ran by a sort of system. For example, in order for a company to thrive it must have two things, workers and production. If there are not any workers, than there is little to no production unless the company is ran by machines. If there is not any production than the chances of workers being laid off increase based on how many people are needed for certain jobs through out the company.

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The Great Depression, this period of time was known as “Dirty Thirties”, it was not like the simple economy depression, some examples were banking or financial crisis. This huge financial turmoil which “started in 1929”（Kathy Gill，2016） [ Kathy Gill, “What caused The Great Depression”, ThoughtCo, https://www.thoughtco.com/great-depression-causes-3367841 (accessed in March 28th 2017 )] swept the whole world, led to millions of people unemployed, hungry and homeless. It affected everyone in some way and if people were caught by this storm, then there was basically no way to escape. A lot of people wanted to find the reason why the Great Depression was happened, but the causes of the Great Depression were very complex, and economists have not yet

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Stagflation occurred in the United States during the 1970s, and it had a huge impact across the nation. In the 1960s, industrial production declined because of a variety of factors. The main problem was the impact of the Vietnam War on the economy. The economy was experiencing a lack of growth, inflation was rising, and employment continued to decrease.

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Many different types of people could possibly object this solution depending on their views. But mainly only farmers would object to these water cuts. Arguments that might say to oppose my stance is that these water cuts would not allow farmers to adequately grow their crops and might even lose money and crops if they cut back on water. Farmers use tons of extra gallons of water on crops than is actually even needed. In California farmers take almost 70% of all water taken from the colorado river which happens to supply fresh water to all the states in the mid west.

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Subsequent to the First World War, America encountered a great economic boom. In one year, America’s GDP $25 billion, number of passengers on airlines grew, households with a radio increased in millions, etc. Many different factors contributed to result in this economic boom. Many people saw the boom as beneficial, however not everyone was affected positively.

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The highest inflation was in 1990 which the percentage is 3.699%. Throughout 1989 and 1990, the economy was weakening because the U.S. Federal policy was to reduce inflation, a process which limited economic expansion. Another reason that cause the weakening of the economy was the enforce of the Tax Reform Act of 1986 which lead to the end of the real estate in the early to mid-1980's resulting in lowered property values, lowered investment incentives, and job loss. The changes in GDP growth began to come out in the early of 1990, however, overall growth remained positive. The immediate cause of the recession was a loss of consumer and business confidence as a result of the 1990 oil price shock, coupled with an already weak economy.

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The Great Depression was during 1929 - 1939 which it was one of the greatest and longest recessions, it is told to start from the stock market crash of 1929. The Great Depression earns the title of being Great because it affected every continents except antarctica, the Great depression caused America unemployment rate to increase to 25 percent, it affect Great Britain which cause them to be in a recession, it also affected Germany and Japan which some says “caused” World War II and how did the Great Depression end, it ended when World War II started. The Great Depression was told to have ended sooner by some economist but one of the leading economist was a man named John Maynard Keynes came up with a theories that said in simple and shorted

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The Argentina economy has suffered various economic depressions that have resulted to key social and economic impacts. Amidst the fact that it was one of the world’s richest nations in the early 20th century due to its wheat, beef, and farm production, a lot of contributed to its economic depression. The first major depression that hit the nation occurred in 1930 when its farm’s export for the United States and Europe dried up. This affected the revenue of the nation that created trouble in paying public workers. Poverty has stretched through the suburbs of Buenos Aires, and has resulted to undermined confidence among investors, both local and foreign.

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B. Robin Mackie, science editor of the British newspaper “The Guardian”, states in his article “Why Fresh Water Shortages Will Cause the Next Global Crisis” : 1. The Brazilian city of Sao Paolo, home to 20 million people and once known as

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Before start talking about monetary growth we need to clearly understand how it is happening; what drives money, which money aggregates equipped and how it is structured. First of all, I would like to examine what is the money supply, because on this base is considered every money growth. Money supply (or money stock) - is the total amount or monetary assets available in an economy at a specific time. Another words we can say that it is the sum-total of cash in circulation, bank deposits and balances in the accounts at the disposal of individuals, legal entities and the state.

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Almost 18,000 of them are children under 5 years old. Food production and distribution could catch up if our population stopped growing and dropped to a sustainable level. Water Shortages: About one billion people lack access to sufficient water for consumption, agriculture and sanitation. Aquifers are being depleted faster than they can be replenished. Melting glaciers threaten the water supply for billions.

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INTRODUCTION Economic growth is defined as the increased capacity of an economy to be able to produce goods and services in comparison from one period of time to another. This is figured by the genuine Gross Domestic Product (GDP) and development, and is measured by utilizing genuine terms such as “Balanced Inflation”. These terms help to remove any distorted views on the perceived outcome of inflation on the cost of merchandises produced. Likewise, Economic growth is related to the high expectations in a person’s standard of living. If the standards are high, it wouldn’t be beneficial for the economy as the working class individuals will face a lot of trouble.

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