Greg Depresio, Michael J Boyle, Yarilet Perez (2021). What Are Ways Economic Growth Can
Be Achieved?: Investopedia
In their article, 3 ways countries can boost social inclusion and economic growth, Depresio
states the way the world calculates growth which is through GDP. He then clarifies that there is
no exact way to create growth but many different tactics can be used. According to research,
USA growth is consumer driven and investment reliant. Because businesses who look to
enlarge the company, allowing for new job opportunities to be made. They then go on to provide
competitive wages so as the business goes so does the national economy. Shapiro believes
that one way to continue growing is to provide accessible capital to everyone. This makes it
easy for businesses to invest and allows customers to circulate money in the economy. Tax cuts
and infrastructure spendings are also proven ways to upscale the economy and better our lives.
Gray Shapiro (2013). Six Ways to Create Economic Growth: Forbes.
In their study, Six Ways to Create Economic Growth, Shapiro states a fact that perhaps happens
in many countries which is having our government officials completely ignore the needs of the
people. Due to lack of care for their citizens, many believe that it will lead to a stunt in their job
growth and allow the national debt to rise. Shapiro then continues to state the wants and needs
of the people which include achieving growth through innovation, Immigrations reform, Ending
the war on drugs, Requiring Unemployed workers to volunteer, cutting health care costs and
removing unnecessary laws. These all were then broken down to detailed ways that provide
helpful insights on why the people would want this and that the benefit would come to be.
Guy Ryder, Richard Samans (2019). 3 ways countries can boost social inclusion and economic
growth: World Economic Form.
In their study, 3 ways countries can boost social inclusion and economic growth, Ryde states
two of the most important reasons why a country might want to boost their economy, more job
opportunities and higher standards of living. But he continues to say how some of the world's
leading economies are actually decelerating in places such as Europe, USA, China, and Japan.
As economies go down we all start to wonder what can be done to stop it but he says policy
makers are left with very few tools to work with as debt continues to increase and interest rates
are already low. The Study is valuable because it brings a different perspective on end goals
such as upgrading social contracts and development and investing in the people to ultimately
bring the best results.