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Author Topic: What is the cause of economy rise and fall.  (Read 1413 times)
GeorgeJohn (OP)
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June 16, 2020, 07:27:38 AM
 #1

Some countries economy are constant and some economy rise and fall, from my understanding I suggest that is because of government,and population of the country. What is your suggestion

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June 16, 2020, 09:38:23 AM
 #2

Some countries economy are constant and some economy rise and fall, from my understanding I suggest that is because of government,and population of the country. What is your suggestion
Yes, I agree with your thoughts. But I want to add one more thing that the economy can also be affected by nature. For example, in Dubai, it is a very small country and a very small population, but it owns one of the largest oil fields in the world. Since then, Dubai has become very rich. otherwise, it is due to natural disasters or epidemics and need not for example, you also understand how big its impact is.


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June 16, 2020, 10:38:03 AM
 #3

That could be prevented if the right people are put in the right places, and things are done right.
I also think using world economics metrics to guage your success doesn't help much. In my opinion, there tend to be conflicts/confusions when strange economic systems that make no sense to people or are against good norms/culture are adopted. What matters in my opinion is that people are happy, satisfied, contented, healthy, moral, good, productive, efficient, etc... And our economic activities basically have to be good for us, the environments, animals, world etc,.
There is also these theories or rumors that some deliberately destroy economies through policies and other immoral/unethical means for selfish reasons. I never believed this in the past.
I believe proper decentralization(through decentralized tech) can solve alot of the above issues.
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June 16, 2020, 11:40:37 AM
 #4

Yes, it's because of us, population. We're the manpower of the economy of our countries and without us, a country can't live on its own. Factors that can make an economy fall is through a crisis like this covid19 outbreak.

As we see, it made a lot of countries suffer for months and even up to now.



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June 16, 2020, 01:04:01 PM
 #5

Yes, it's because of us, population. We're the manpower of the economy of our countries and without us, a country can't live on its own. Factors that can make an economy fall is through a crisis like this covid19 outbreak.

As we see, it made a lot of countries suffer for months and even up to now.

Yeah I agreed with you that population is manpower of a country because without population a country is empty is due work force of people that will determine the growth of a country.
In other way is not about population or size of country that causes down fall of a country, it can caused by government base on the way a country is been governor is what will contributes for a country to accelerates in economy.

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June 16, 2020, 01:45:47 PM
 #6

Well, it depends on the performance of the economy but of course, there's a lot of factors that affect the economy. I agree with the government because they are the ones controlling most factors that affect the economy such as businesses, laws, policies, and more. If the government knows how to run the country, the economy will be in a good position but if corrupt officials will lead the economy then nothing will happen and the people's money will only go to their own pockets.

One thing I can also add is technology. We all know that we are in the fourth industrial revolution which technology is changing our way of living by making things easier and convenient with the use of technology. With the help of technology, a country or government can maximize its use to improve its economy in many possible ways because today we are mostly relying on technology and advancement. Look at the countries with advanced technology, their economy is mostly doing well while those who lack technological advances were behind.
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June 16, 2020, 02:05:57 PM
 #7

Some countries economy are constant and some economy rise and fall, from my understanding I suggest that is because of government,and population of the country. What is your suggestion
I think the main cause of a country's economy going up and down is the country's political condition..  investment policies, foreign/domestic policies, import/export policies, tourism policies and other policies issued by the head of government in the country can affect the country's economic conditions.  to be more accurate, you can read this BOOK

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June 16, 2020, 02:40:05 PM
 #8

Government and the people combined.
You cannot separate the two, it is glued with each other.

Government as a helping hand to find new jobs for the people for tax money to increase.
More tax money means more projects for infrastructure, health and resources.
That should keep on flowing until every project ends. Then, the new one should be ready.
If money keeps on flowing then it means good economy.

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June 16, 2020, 02:55:53 PM
 #9

Yes, it's because of us, population. We're the manpower of the economy of our countries and without us, a country can't live on its own. Factors that can make an economy fall is through a crisis like this covid19 outbreak.

As we see, it made a lot of countries suffer for months and even up to now.

Yeah I agreed with you that population is manpower of a country because without population a country is empty is due work force of people that will determine the growth of a country.
In other way is not about population or size of country that causes down fall of a country, it can caused by government base on the way a country is been governor is what will contributes for a country to accelerates in economy.
I agree about the downfall.

The governance sure has a big factor if the country's economy is rising and falling. And we as citizens will depend to our leaders and officials base on how they handle situations and attract investors.



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June 16, 2020, 03:28:15 PM
 #10

Government and the people combined.
You cannot separate the two, it is glued with each other.

Government as a helping hand to find new jobs for the people for tax money to increase.
More tax money means more projects for infrastructure, health and resources.
That should keep on flowing until every project ends. Then, the new one should be ready.
If money keeps on flowing then it means good economy.

What you said is reality because government have everything in a country and them have to secure employment for their citizens because no one knows a citizen that can help to build up a country economy.
Also government have to setup infrastructure that will generate revenue for the country to avoid improper flow of economy or falling of economy.

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June 16, 2020, 03:37:33 PM
 #11

Government and population, -but countries like China where the population count is large can still boast of a good economy- so it more bad government, unproductive citizens making High chunk of the population can be a cause of the economy rise and fall. Also unforseen calamities -war, health hazards- can cause a fall in economy.


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June 16, 2020, 03:52:15 PM
 #12

Some countries economy are constant and some economy rise and fall, from my understanding I suggest that is because of government,and population of the country. What is your suggestion
I think both the population and government has the rule to the economic status of every country. It is like the demand and supply. If the supply is limited and the demand is unlimited ,the value of a product will be great because it will increase. Same with the population that stand as a work force or manpower of the government  to produce a growth for the economy. The decline of the economy is base on any circumstances like this Covid-19 pandemic that cause a huge damage to every country which is most affected.

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June 16, 2020, 04:00:40 PM
 #13

I tend to agree that probably it is government + population = Gross Domestic Product (GDP) results. These have a big role in economy of the country.
The aggregate demand will increase for sure if the growth of the population also increased. So technically analyzation, this might the reason for the economy rise and fall because when population increase and the productivity are low it can change the real GDP and the total income was adjusted for inflation which causes volatility, IMO.

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June 16, 2020, 10:31:03 PM
 #14

I suggest that is because of government,and population of the country
In democratic countries, I'd say generally that's because of the failure of the people. Even if they (just for thought experiment) manage to buy ministers, a president, etc., from the best country, not necessarily the mentioned country will be prosperous.

To be more precise, lots of falls in the economy were caused by corruption, wars, and lack of risk management. Therefore, people need to check what the government is doing and be more proactive.

https://www.investopedia.com/articles/economics/08/past-recessions.asp

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June 16, 2020, 10:49:47 PM
 #15

Government and population, -but countries like China where the population count is large can still boast of a good economy- so it more bad government, unproductive citizens making High chunk of the population can be a cause of the economy rise and fall. Also unforseen calamities -war, health hazards- can cause a fall in economy.

Bad government, I agree to that. China was able to accommodate the large number of population with smaller unemployment percentage compared to another countries. More business establishments, more employment for the citizens, means more income for the local and national government.
Most common reason for the fall of economic state of a specific country is the corruption.
Another thing would be the war, calamity, and pandemic.

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June 17, 2020, 02:25:24 AM
 #16

Government and population, -but countries like China where the population count is large can still boast of a good economy- so it more bad government, unproductive citizens making High chunk of the population can be a cause of the economy rise and fall. Also unforseen calamities -war, health hazards- can cause a fall in economy.

Bad government, I agree to that. China was able to accommodate the large number of population with smaller unemployment percentage compared to another countries. More business establishments, more employment for the citizens, means more income for the local and national government.
Most common reason for the fall of economic state of a specific country is the corruption.
Another thing would be the war, calamity, and pandemic.
Bad government is the other side of the coin when it comes to the fate of a country's economy in my opinion, the other side would be the people of the said country, the population in China is not just an employment thing, the other thing about it is the consumer base is so large, companies are vying to get their hands in Chinese soil which in turn makes tax that helps in government funding and spending. We also should consider the GDP of a country because they serve as an indicator whether they are prospering or not. War in my opinion is just an off shoot of bad government.

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June 17, 2020, 03:31:49 AM
 #17

Conflict can destroy a country's economy very quickly This is a responsible government If the government wants this war to end it will not have any effect on the country's economy. The country's economy is generally stable and a lot of allocations are made to the country's economy by presenting a budget every year which helps to improve the economy However, if trade and commerce are shut down due to conflict in a country and an epidemic occurs then the rise and fall of the economy have taken place However, the government's GDP does not last very long.



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June 17, 2020, 03:40:18 AM
 #18

I don't believe in the economy being Constant. There's no such thing, especially in the category ECONOMY , which has a lot of factors that are directly correlated to people and their behaviors. Imagine that there are a lot of people who don't spend their money, it's already a factor. No circulation of money anymore would happen, and it could make the economy fall. This then correlates to the population of the country. Additionally, there are foreigners as well to consider. It can get more and more complicated when adding additional parameters.

One thing is for sure is that the government has significant control over what happens in a country's economy, and what the government does will affect it, whether it rises or falls. It's too complicated, IMO.

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June 17, 2020, 05:09:09 AM
 #19

Imagine that there are a lot of people who don't spend their money, it's already a factor. No circulation of money anymore would happen, and it could make the economy fall. .


Yeah I agreed with you that money been stagnant can cause down fall of economy because the money is not in function to bring another.
With money you can setup another infrastructure that will bring income  for society  and reduces the rate of unemployment to people.
 but a situation money is been dumped for years what is generating nothing.
Therefore government suppose allow money to circulates to people who needs it to activates growth of society and economy.

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June 17, 2020, 06:37:26 AM
 #20

In democratic countries, I'd say generally that's because of the failure of the people. Even if they (just for thought experiment) manage to buy ministers, a president, etc., from the best country, not necessarily the mentioned country will be prosperous.

To be more precise, lots of falls in the economy were caused by corruption, wars, and lack of risk management. Therefore, people need to check what the government is doing and be more proactive.

https://www.investopedia.com/articles/economics/08/past-recessions.asp
Each citizen who already has the right to vote should use his vote in the election. If someone has high ideals and are confident that s/he can make positive changes there is no harm for the millennial generation in politics, only if s/he has entered politics should not be carried away by the current corrupt and oligarchic practices that are common in politics.

We must have clear knowledge and data about what the government is doing so that we can get involved in policy formulation. Eliminate the assumption that politics is just the opposite, we must understand politics and government in order to contribute.


Bad government is the other side of the coin when it comes to the fate of a country's economy in my opinion, the other side would be the people of the said country, the population in China is not just an employment thing, the other thing about it is the consumer base is so large, companies are vying to get their hands in Chinese soil which in turn makes tax that helps in government funding and spending. We also should consider the GDP of a country because they serve as an indicator whether they are prospering or not. War in my opinion is just an off shoot of bad government.
Whatever happens in a country, especially in large countries depends on how the government, especially the head of state, governs a country. Although the national interests are the same (the grand plan remains unchanged), different leaders differ in strategy and policy. Take for example the era of Obama and Clinton, the United States is very close to China. Unlike when Trump's era, China became an opponent, not a strategic partner.

Likewise, China under Deng Xiaoping and under Xi Jing Ping has a very different foreign policy. Under Deng, a Chinese reformer opened himself up to bring about rapid development in China. While Xi is an innovator who initiated the China Dream or the Great Revival of the Chinese Nation, to restore the glory of China, namely the one belt one road program.

Natural resources and human resources in a country can be a bonus that can be disastrous depending on the ability of the government in the state and managing all potential bonuses and potential disasters that exist in the country. Almost all countries are based on laws and constitutions in force in those countries. One of the strengths of leaders is that the decisions chosen are legally recognized and are binding on all citizens. So the leader remains a determining factor for the progress or setback of a country.

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.Duelbits.
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