Evaluate the case that economic growth is always beneficial to a country

Introduction to economic growth

Benefits - Living standards increase (more jobs, higher income, better life)

                - but not always, sometimes growth occurs in the minority so only some benefit. Sometimes growth deteriorates health (smoking, pollution)

Drawback - Demand side economic growth = inflation. Potential depletion of natural resources

JB
Answered by Jake B. Economics tutor

5785 Views

See similar Economics GCSE tutors

Related Economics GCSE answers

All answers ▸

What kind of effect would a national minimum wage have, is it positive or negative ?


Explain one benefit of international trade for UK consumers.


Discuss the effectiveness of a change in the exchange rate in order to correct a trade deficit.


Explain the term Economies of Scale. You may use a diagram to help.


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

MyTutor is part of the IXL family of brands:

© 2025 by IXL Learning