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Module 1: Economic growth

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Factors Contributing to Economic Growth

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Economics - Factors Contributing to Economic Growth

Factors Contributing to Economic Growth

DEMAND FACTORS
SUPPLY FACTORS

A decrease in personal income tax rates
Immigration

A decrease in interest rates
A favourable movement in the terms of trade

Strong overseas economic activity
Improved productivity

Increased spending on infrastructure
Increased size of the labour force

Improved consumer confidence
Increased funds from overseas for capital investment

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