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Author Topic: Will Economy Grow Forever?  (Read 3120 times)
ss890
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July 12, 2018, 03:23:33 PM
 #81

If there going to be reduction in the resources then surely it is going to create more and more demand and less supply kind of formulation. This will surely make things far more costlier than the current situation. It could happen that this may lead to economic crisis and we may never ever get to see the economy growing back to normal stage again. May be things could revert as you say that smart generation might take over and may lead to very much different criteria of leaving and thus never getting us any troubles in economy.
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July 12, 2018, 11:59:42 PM
 #82

Economic growth will be bound by the environment that the economy is based on, and obviously there is a finite amount of resources. Thus, even with whatever advancements in productivity, there will be a time that the economy simply stagnates.

Nobody knows when that will happen, it does seem very distant, but in reality I think it can be a lot sooner.

But that's really something that is in the extremely long term scope, in my opinion. Even if we're just talking about the short term, we've seen continued growth in most of the economy worldwide for a prolonged period of time now. It's debatable whether this is even going to be sustainable into the near future. A recession could hit hard in the near term, as a matter of fact. No one knows. But the economy would simply not grow steadily forever, that's absurd.

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July 13, 2018, 12:18:23 AM
 #83

That's why we can not keep quiet, with this kind of situation. Some people like Elon Musk have tried to create Tesla Car. Then the natural resources on earth is not exhausted to be a source of energy.
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July 13, 2018, 12:28:18 AM
 #84

Economy is always growing, we can see it daily as we dailing the world, in order to grow faster we have to educate, train our youth professionals for the future development of the country.
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July 13, 2018, 12:51:50 AM
 #85

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patarfweefwee
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July 13, 2018, 01:06:28 AM
 #86

If you're talking about the economy as a whole, if people still exchange products and services then I guess the economy will still grow. But if you're talking about just one part or a company or even an institution in economy then no. More companies starts, rise and fall every year. One will always take over the other and not one of them will survive forever.

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July 13, 2018, 05:31:24 AM
 #87

Eventually, the economy grows as time passes by. Politics have a huge contribution over it. A good system of government makes the economy grows to a lot better. Every decision of the leaders involves a big influence to the economy.
that's why in need of a leader who really think about the fate of his people.
because the economy in a country is determined from the policies made by the country's leaders.
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July 13, 2018, 05:58:28 AM
 #88

People growth is country growth. So country will be improve the people knowledge. Then country will be improve. So economy is important of the country. So if some country will be invest to other country. Before invest the country. First check the country country economy. So if want to know about the other country growth. Check the economy. If economy is growth in the country that country will be  connect the business process and improvement. So economy is important of the all country growth. If want to know about other country growth. Check the economy growth then easy to gather the country important and growth.

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Kris34
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July 13, 2018, 06:07:58 AM
 #89

Economics is the sphere of human activity that will always live.
maxreish
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July 13, 2018, 07:20:18 AM
 #90

For me,  the economic growth of one country is always depends on government hand, on how they maintain it and what strategy they made to make the economy continues to grow, and also very important thing to make the economy very strong is the cooperation of their citizens.

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ainajane11
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July 13, 2018, 07:39:54 AM
 #91

For me,  the economic growth of one country is always depends on government hand, on how they maintain it and what strategy they made to make the economy continues to grow, and also very important thing to make the economy very strong is the cooperation of their citizens.
I agree with you mate. The economy is a big responsible for every people in the country plus the government is the one who handles it. If the government is corrupt, then the economy will never grow and improve.
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July 13, 2018, 07:48:13 AM
 #92

I think economic growth of a country is influenced by economic development of its population and not just government alone which contribute greatly to economic improvement of a country.
If economy of a country's population has experienced prosperity, of course this will have a major impact on improvement of global economy in country.
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July 13, 2018, 07:58:58 AM
 #93

I think economies are like Crytos, they go up and then down. They don't just grow forever. Things go up and then down.

The global economy is dependent global market needs, The resources on this Planet is none issue about the topic you posted on this forum. Our planet has unlimited resources, it is dependent on us (the people on how they value this resources). The Economy of one country is reactive to the principle on The Law of  Supply and Demand, it does not follow on your opinion. it may goes up and goes down dependent the needs of the market.
I agree with your point of view. For economic development, it is certain that dependence on the actual market and the supply and demand of a country is very important. So leaders need to take measures and solutions to adapt to the market. Thus, the new economy will develop sustainably.
mandro
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July 13, 2018, 08:07:13 AM
 #94

People growth is country growth. So country will be improve the people knowledge. Then country will be improve. So economy is important of the country. So if some country will be invest to other country. Before invest the country. First check the country country economy. So if want to know about the other country growth. Check the economy. If economy is growth in the country that country will be  connect the business process and improvement. So economy is important of the all country growth. If want to know about other country growth. Check the economy growth then easy to gather the country important and growth.
You are right. The developed economy is rooted in the people of a country that needs economic education and economic alternatives. For economic development, refer to other countries on the economic market of that country, then identify, draw conclusions to invest in exchanges with other countries. Only in this way can the economy develop sustainably. Smiley
Malaya
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July 13, 2018, 09:39:08 AM
 #95

The economic growth depends on the people living in it and the government leading it. Corruption is one of the reason why a country's economy is falling. Our country can be considered as one of the richest country in minerals but its economic status is slowly growing. If and only if the government make steps and initiative for fast growth of our economy. I guess, we would really need a good governance to achieve this.

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Escan0r
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July 13, 2018, 10:12:58 AM
 #96

Of course not forever the economy will grow and grow as now. Because we no one knows how the economy in the future. I am so scared because I've watched movies / tv series in the future of the economic crisis. Because of that I think again whether the economy can still be used in the future or not. But I think it is quite impossible that the economy will come down in the future as more and more people are getting better.
CryptoChanel
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July 13, 2018, 10:40:44 AM
 #97

I hope your is a rethorical question. Nothing grows forever, and especially economy doesn't, since value cannot really be created from nothing in infinite quantities - and physical resources are limited. This is one of the reasons by Bitcoin has had some success by the way.

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July 13, 2018, 10:49:23 AM
 #98

It all depends on how a person manages his economy. the economy will grow if everyone is smart and effective using telecommunications and natural resources. it is very important for the economic growth of a country.
Sakash
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July 13, 2018, 11:16:28 AM
 #99

Absolutely not. The economy does not grow all the time. Increasing the country's per capital income increases the country's economy. The country is financially self-sufficient in this country. If the country's development work increases the economy increases.
leostrong.mo
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July 13, 2018, 12:25:43 PM
 #100

The economy will not grow forever. The resources, technological innovation, consumption power and national demand of a country are different for a certain period of time. As time goes by, when the economic development cannot keep up with these demands, the economy will fall backward. And even an economic crisis!
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