How the nation can get the better opportunities to grow the world standard?



Answer:
Maintain a market economy.
Run a market economy, yes. Keep the exchange rate cometitive. Make sure the education system helps people to develop marketable skills, is not over-academic in its focus. Teach people, especially children, fundamental human values like love, peace, moral conduct, truth, honesty and non-violence. because without these, a growing economy is worthless, and besides, widespread practice in any country of dishonourable business and dishonest relationships will lead to periodic economic breakdowns and crises (as we se in Nigeria, Zimbabwe and some other African countries today). Use government spending to build roads and clinics and other really necessary things, not palaces, and charge people a little for using them. Don't start any wars. Keep out of oher countries' wars.

The answers post by the user, for information only, FunQA.com does not guarantee the right.



More Questions and Answers:

More Questions and Answers:
  • Market Prices V Social Opportunity Cost?
  • Does the Fed create money buy buying government bonds?
  • Be an economist is a good career,what about the job outlook and salaries?
  • what is the worlds poorest country?
  • how does comunism affect the economy of a country?
  • causes for the changes in the united kingdom economy?
  • income per person in Bosnia?
  • Does GDP accuratley reflect our nation's productivity?
  • Describe the relevant criteria that government statisticians use to determine whether a person is unemployed.?