The Benefits and Costs of Economic Growth

Define and explain the sources of economic growth and to develop a proposal for an economic policy that would encourage and promote each source of growth.
Provide examples of some of the costs of economic growth and polices to help reduce those costs.

  1. Define the sources of economic growth and give an example of each of the sources of growth.
  2. Propose one policy for each source of growth that could enhance or strengthen that source.
  3. What are some of the downsides of economic growth? Give an example of a policy that would help to reduce the negative impacts of growth.
  4. Finally, at the conclusion of your paper please include a brief statement reflecting on what you feel you have learned from the assignment and how that learning may be applied to your life or work going forward.

Sample Solution