what we can do to make a better world
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WRITTEN BY SWETA LEENA PANDA
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ECONOMIC GROWTH
HOW TO CREATE ECONOMIC GROWTH
Economic growth is the most important means of raising peoples incomes and
reducing poverty in the developing worldit creates jobs and opportunities for
poor people to support their families and build more stable futures.
Many developing countries face particular challenges that make it difficult for
them to stimulate and sustain economic growth. These challenges include weak
institutions, high unemployment, and poor infrastructure, a lack of access to
financial services and unsuitable laws and regulations.
WHAT DO YOU MEAN BY ECONOMIC GROWTH (literally?)
economic growth refers to more people are employed, the amount of capital
increases, education levels increase, the quality of capital changes, or the
technology increases, the productive capacity of the economy increases.
Therefore, the economy can increase its output giving consumers more
disposable income, promoting an increase in consumption spending, and
providing resources for business to use for further investment and
government to use to provide public goods and services.
Increased labor force participation increases output. Expanded, improved
education creates more productive workers. Business and government
spending on research and development enhance our abilities to produce and
allow each worker to become more productive, increasing incomes for all.
Finally, to achieve a higher level of GDP in the future, consumers need to limit
consumption spending and increase savings today, permitting businesses to
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invest more in capital goods. If resources are invested into building an
economy now, future generations will enjoy a higher level of economic
growth; our businesses will produce more goods and consumers can purchase
more goods. Expansion of output at rates faster than our population growth is
what gives us the opportunity to enjoy higher standards of living.
How we can create economic growth
Good education
I believe education is our primary
needs; we can do anything if we are educated. We should focus on global
education. I am not telling about small group of people, I am telling about whole
world. I want everyone should be educated, then only it will be easy for us to
abolish the crime & poverty from whole world. Main reason behind crime &
poverty is lack of proper education. Educated mind knows whats good & whatsbad. There would not be any bias related to gender, all should get equal
importance to flourish their knowledge. I am giving more importance to women as
I know what a woman face when she tries to be different & do something different.
So everyone is equal. When you educate a woman you are educating whole
family.
Innovation
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Encourage the unemployment people
We can encourage unemployment people to start up their own business & we
can help them by giving new ideas. Sometimes mainly poor people who are
uneducated & unemployed they spend their time in drug or crime. So to avoidcrime we have to encourage them how to start up their own business & how
they be benefited through government policies. We can help them through our
ideas. There are many works are there where an uneducated person can do
like in field work (harvesting the profitable crops in new methods), without
food we cant do anything so we can motivate their mind to do work in their
field & how they can earn much money from a small field. Means harvesting
profitable crops, using new technology & getting help from government. There
are many polices are there but everyone dont know about that thats whythey cant benefit; even corruption is the main issue which is the main reason
behind comic fall.
Remove unnecessary
Dontwaste money unnecessary rules,sometimes some rules are there which
are suitable for government to do corruption but that has no so much utility
for general people. We can remove those laws which help the government
employees & politicians to do corruption. Even I am against ST, SC, OBC laws,
priority should be given according to income not through this. As now we areso developed there are no feelings but these rules hamper our educational
system & government jobs.
Reproductive health &education
Enabling people to have fewer children contributes to upward mobility and helps
to stimulate development. When women can negotiate their reproductive health
decisions with men, this exercise of their rights leads to an increased decision-
making role within families and communities that benefits all. Because smaller
families share income among fewer people, average per-capita income increases.Fewer pregnancies lead to lower maternal mortality and morbidity and often to
more education and economic opportunities for women. These, in turn, can lead to
higher family income. As women become more educated, they tend to have fewer
children, and participate more fully in the labor market. Families with lower
fertility are better able to invest in the health and education of each child.
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LASTLY
I have not so vast idea about economic, I was a biology student now I am an
engineering student. But yes, I love this topic so I love to read topic related to
economic growth. how much I know I have just write down here, This is just
a brief idea / knowledge which I have shared with you all , ECONOMIC
GROWTH IS A VAST PROCESS , IT CAN COVER AROUND 100 PAGES
IF ILL TRY TO WRITE GOOD POINTS ABOUT WHOLE, this is my first
part on how to make a better world, here I have told about economic
growth as it our basic requirement. Wait for my second part, in my every part
I am going to tell how we can make a better world. My motto is to make our
world a peaceful & beautiful world. I dont know my future what I can be. I
am trying my best to become a person I always wish for. My dream is to do
something for others, who cant do anything for me. Many ways are there toreach at my goal But my God know which will be better for me
Either Research or entrepreneur or lecture or social worker or another
line~Except Modeling & politics~ Sorry, I dont hate these two but myfamily dont allow modeling even I am not fit for modeling & INDIAN politics
that as I am a food lover girl for modeling & My personality & politics is just
like contrasting character. yeah , WRITING & PAINTING are my hobbies
not my profession , Ill continue these two till my last breath but through this
I cant help more people so I choose higher studies so that I can help more
people through my knowledge. As I give more importance to education +
knowledge. I dont know about my failure life & my bad luck but it does nt
mean I dont love to study education was , is & will be my FIRST
PRIORITY .
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