main economy challenge

now,we will study  about main economy challenge.every economy has its own challenge.however,there must always be some main challenges that are common to those economies.those challenges are the economy growth,inflation,unemployment,and poverty rate.

1.economy growth
it is long term main economy challenge.economy growth is very important for the country,because if economy growth is increase,this mean that the people in that state is more prosperous.increase because the production is increase.it mean much people have money for do investation.they need  employment.so unemployment in the state is decrease.
it can make national income be increased too. in normal circumstances,the ability of an economy to produce goods and service would increase from year to year.but usually it is not maximum.
2.unemployment
the second of main economy challenge is unemployment number.it occurs when labor forces are willing to get jobs,yet fail to obtain. there are several factors of unemployment:
a.the labor forces want to get better jobs,so they live the old ones
b.the use of modern machines in production process replaces the roles of the work forces,and
c.the unsuitability of the the the workers skills with the new technology applied in production process,so that the workers loss their jobs.
the type of unemployment can known from click here
usually government manage the population,by 2 child program,increase export on human resource service abroad,etc.because the population which is out of normal can make unemployment number be increased.
c.inflation
inflation is one bothersome economy desease.largely,inflation is described as a rise in the general level of price of goods and service in long time.
infalation can be differented as follows
a.its impacts
1)mild inflation,when inflation rate is between 0% to 10%
2)average inflation,when inflation rate is between 10% to 30%
3)heavy inflation,when inflation rate is between 30% to 100%
4)hyperinflation,when inflation rate is more than 100%
for more about inflation,please click here
d.)proverty rate
in the simple definition is  a position where can't fill the needs.factors contribute to proverty,among others,are the level and rate of output growth,net wages rate,income distribution,job oportunity,and inflaton rate.
poverty could be reduced with methods as follows
-improvement on road and electricity facilities in rural areas
some experience in china.Vietnam,ad Indonesia showed taht development af road in rural areas is an effective way to reuce poverty.for more information about poverty rate,click here

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