The Fundamental Factors Contributing to Economic Growth
Project Introduction
Title: Assessing Economic Performance
In this project, you need to write and present a research paper that discusses the fundamental factors contributing to economic growth, and the nature of government in the United States and another country of your own choice.
Course Objectives Tested:
The following course objectives will be tested by this project:
Given the inherent problem of scarcity, explain how different types of economic systems ration resources among competing wants, and assess the results in terms of equity and efficiency.
Assess the performance of the macro economy.
Identify the factors that determine economic growth and analyze how governments can promote economic growth.
Use the Internet to research the issues of the changing global economy in an information society and the impact they have on our daily lives.
Project Submission Plan:
Project Description/Requirements of Project Part
Project Tasks:
Use the CIA Fact book at https://www.cia.gov/library/publications/the-world-factbook/index.html to find information about GDP per capita, technology, growth, and the nature of government in the United States.
Use the same source to find that information for another country of your choice.
Write a summary of how the United States and the other country differ.
Which of the two countries has better prospects for the future and why? Provide a reasoned opinion.
Deliverables and Format:
Submit your paper in a Microsoft Word document in not more than 400 words, in the following format:
- Introduction
- Main body of the text
- Summary and conclusions
- References
Answer Preview-The Fundamental Factors Contributing to Economic Growth
