Exponential growth

foreign aid and economic growth has drawn great attention for years. The topic is extremely controversial one. There is now a large literature on the relationship between aid and growth. Empirical findings between aid and economic growth is mixed. Some studies found positive relationship between aid and GDP growth rate. For example, study conducted by Hansen and Trap (2000) examines the relationship between foreign aid and GDP per capita. They found that aid increases the GDP growth rate without…

The Technology needs of Society Owing to the Population Growth It took 11.5 years for humanity to grow the global population up to one billion people, and surprisingly, the global population doubled that only in another 130 years and is currently over 7.4 billion (Worldometers). After the industrial revolution, as technologies, medical science, and the economy of the world improve and develop, the mortality rate decreases and the life expectancy and the buoyancy in the population increase…

pattern that has developed. A few of the impacts of these indicators on businesses are highlighted below: 1. Forecasts the Cost of Capital: Low interest rates typically signal a problem in the economy while higher interest rates suggest expansion and growth. Additionally, for business, as interest rates are generally the cost of capital, higher interest rates will increase costs and vise-versa. 2. Confirms the State of the Economy so that Producers Can Adapt Production: High unemployment, a…

important part for many economies around the world, it would be very interesting to study how the crude oil price can affect the economic growth of Canadian industrial production, especially during the recent volatile crude oil market. Industrial production is directly related with…

An essential key to life is reproduction. Though out the last couple of years, the world population has expanded in great amounts. There are many factors which are allowing approximately 7.3 billion people to survive on one earth. Some believe that in the upcoming years, we are inviting trouble for ourselves. Our world population is expanding every day and the earth is unable to keep up with all our every day activities. “Overpopulation Is Not the Problem” by Erle C. Ellis, “Overpopulation Is…

However, the GDP growth rate has declined significantly to 5% in the last 3 years (Department of Economic and Policy Research Reserve Bank of India). The slowdown of the economy has been broad based, as shown in Table 1.0, the figures indicate significant deceleration in manufacturing and construction. The trends of the industry downturn clearly suggested that in short term entrepreneurs need to avoid starting up business which is related to the declining industries. Instead，the growth of the…

Angola and Yellow Fever The continent of Africa is a diverse place. Many cultures, languages, and ethnicities are sporadically spread throughout its landscapes, but regardless of the diversity of Africa there are several commonalities that make the continent of Africa prone to certain problems. One of these problems has been made manifest in nation of Angola as it struggles with an outbreak of yellow fever. Many physical and cultural aspects of Africa’s geography make it prone to these types of…

Introduction In many developing countries, such as India, China, Thailand, and Vietnam, notable economic growth has been achieved over the last few decades. However, the growth is accompanied by huge increases in inequality, which is a threat to further economic growth and can also lead to serious social problems. As a result, many developing countries are seeking ways to fight against economic inequality —— progressive taxation is imposed on the rich and financial aid is provided to the poor,…

These conditions have provided them a competitive advantage in industries such as manufacturing, which allow them to mount the first rungs on the ladder of development. The establishment of factories within these nations spurs export-driven economic growth, initially, but as income rises, these nations begin to develop middle classes. Brazil, Russia, India, China, and South Africa, commonly known as the “BRICS”, largely epitomize this cursory explanation of development. As emerging market…

The objective of this activity was to use the knowledge that we obtained throughout the semester, with the goal to correctly identify two unknown bacteria. Organism number thirteen is Escherichia coli. On the first day, I conducted a gram stain and noticed that the bacteria were pink, meaning that the bacteria are gram negative. I also recognized that the bacteria were rod shaped therefore they were bacillus. I also noticed that the arrangement appeared to be single celled. I also put the…