What happened to the US economy in the 1970s after 25 years of broad economic expansion?
What happened to the US economy in the 1970s after 25 years of broad economic expansion?
Terms in this set (19) 25 years of broad economic expansion and prosperity came to a grinding halt in the 1970s. (Au cours des années 70, 25 ans d’expansion économique et de prospérité ont été interrompus.) American people get instead : inflation and extremely slow growth.
Which comes first economic growth or development?
Key differences between Economic Growth vs Economic Development. Economic Growth is the increase in the real output of the country in a particular span of time. Whereas, Economic Development is the increase in the level of production in an economy along enrichment of living standards and the advancement of technology.
What are three differences between growth and development?
Distinguish between Growth and Development with an example….Human Development.
| Growth | Development |
|---|---|
| (iii)This means that the change may be either positive or negative. | (iii)Development occurs when positive growth take place. It occurs when there is a positive change in quality. |
Do growth and development mean the same thing?
Do the terms growth and development mean the same thing? Growth refers to change in size, like weight or length. Development refers to changes in physical, social, emotional, and intellectual abilities.
How many stages are there in human life development?
Periods of Human Development Perhaps you have three: childhood, adulthood, and old age. Or maybe four: infancy, childhood, adolescence, and adulthood. Developmentalists often break the lifespan into eight stages: Prenatal Development.
How are growth and development the same and different?
As we mentioned, one main difference between growth and development is that growth is more of a physical measurement. Development is something that can’t be measured in the same way. It’s basically another word for progress.
What are the factors that influence growth and development?
10 Factors That Influence the Growth and Development of a Child
- Heredity. Heredity is the transmission of physical characteristics from parents to children through their genes.
- Environment.
- Sex.
- Exercise and Health.
- Hormones.
- Nutrition.
- Familial Influence.
- Geographical Influences.
What are the differences between growth and development in psychology?
The difference between growth and development in psychology is that growth mainly refers to the physical change in a living being but development refers to the overall change in a living being.
What are the principles of growth and development?
Principles of Human Growth and Development:
- Development is Continuous.
- Development is Gradual.
- Development is Sequential.
- Rate of Development Varies Person to Person.
- Development Proceeds from General to Specific.
- Most Traits are Correlated in Development.
- Growth and Development is a Product of Both Heredity and Environment.
- Development is Predictable.