Why does a growing middle class contribute to growth?
Question:
Why does a growing middle class contribute to growth?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
A growing middle class contributes to economic growth in several ways Increased Demand and Consumption Larger customer base As the middle class expand...View the full answer
Answered By
Mehwish Aziz
What I have learnt in my 8 years experience of tutoring is that you really need to have a friendly relationship with your students so they can come to you with their queries without any hesitation. I am quite hardworking and I have strong work ethics. Since I had never been one of those who always top in the class and always get A* no matter what, I can understand the fear of failure and can relate with my students at so many levels. I had always been one of those who had to work really hard to get decent grades. I am forever grateful to some of the amazing teachers that I have had who made learning one, and owing to whom I was able to get some extraordinary grades and get into one of the most prestigious universities of the country. Inspired by those same teachers, I am to be like one of them - who never gives up on her students and always believe in them!
5.00+
3+ Reviews
10+ Question Solved
Related Book For
Global Strategic Management
ISBN: 9781350932968
5th Edition
Authors: Philippe Lasserre, Felipe Monteiro
Question Posted:
Students also viewed these Business questions
-
In the decade of the 2010s, the plans and operations of Avon Inc. in marketing, research, and manufacturing throughout Asia are still being affected by actions taken after a 1998 meeting. The US...
-
In the decade of the 2010s, the plans and operations of Avon Inc. in marketing, research, and manufacturing throughout Asia are still being affected by actions taken after a 1998 meeting. The US...
-
Ethan Properties Philippines, Inc. was registered with the Philippine SEC in 2008 and is engaged in developing and operating for sale, lease, or hold for investment real estate of all kinds,...
-
The following data are for four independent process-costing departments. Inputs are added uniformly. Required: Compute the equivalent units of production for each of the preceding departments using...
-
Find the slope of the line tangent to the graph of yex = y2 + x - 2 at (0, 2).
-
E11-13 (Algo) Accounting for Dividends [LO 11-3) Incorporated is a leading global manufacturer and marketer of power tools, hardware, and home improvement products. A press release contained the...
-
6 In measuring the results of social media, what are the (a) advantages and (b) disadvantages of performance measures linked directly to revenues versus costs?
-
On July 1, 2014, Agincourt Inc. made two sales: 1. It sold excess land in exchange for a four-year, non-interest-bearing promissory note in the face amount of $1,101,460. The land's carrying value is...
-
Residual Income The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations Invested Assets Retail Division $98,800...
-
What benefits do emerging markets champions get from OEM contracts?
-
What are the differences between an emerging country and a developing country?
-
Explain the importance of accident and loss prevention. What security measures are taken in order to protect guests and their property? LO.1
-
Gary Tuttle has Citiwide Insurance with 100% coverage after a $25.00 copay on office visits. His services today include an office visit ($62.00), urinalysis with differential ($65.00) and a Treadmill...
-
The Elgin Golf Dutton Golf Merger Elgin Golf Inc. has been in merger talks with Dutton Golf Company for the past six months. After several rounds of negotiations, the offer under discussion is a...
-
f ( x ) = x ^ 3 - 3 x ^ 2 - 2 4 x + 5 6 find all critical numbers
-
Suppose a beam of electrons is aimed at two slits in a slide placed in front of a screen. After a short time, the screen looks like the one at the right. a. What evidence does the picture give that...
-
On January 1, Mitzu Company pays a lump-sum amount of $2,700,000 for land, Building 1, Building 2, and Land Improvements 1. Building 1 has no value and will be demolished. Building 2 will be an...
-
Using the information provided on the partial worksheet of Torontos Castell Ceramics Co. shown on page 604, complete: a. Statement of owners equity b. Classified balance sheet Of the Mortgage...
-
As of January 1, 2018, Room Designs, Inc. had a balance of $9,900 in Cash, $3,500 in Common Stock, and $6,400 in Retained Earnings. These were the only accounts with balances in the ledger on January...
-
Why might organizations use hybrid organizational structures? How might an organization use part of each of the three structures discussed in this chapter?
-
How can transfer pricing affect the successful use of a multidivisional structure?
-
How could a large, academic hospital use a multidivisional structure?
-
Construction of consumer price index number for the given goods and services. Item Weight in % Base period price Current period price Food 35 150 145 Fuel 10 25 23 Cloth 20 75 65 Rent 15 30 30 Misc....
-
Gammaro Corporation has found that 80% of its sales in any given month are credit sales, while the remainder are cash sales of the credit sales, Gammaro Corporation has experienced the following...
-
Swifty Company estimates that 2022 sales will be $43,200 in quarter 1,$51,840 in quarter 2 , and $62,640 in quarter 3 , Cost of goods sold is 50% of sales. Management desires to have ending...
Study smarter with the SolutionInn App