This ppt briefs about various factors that lead to global economic growth.

1. PROFIECIENCY IN BUSSINESS TOOLS
TOPIC- GLOBAL ECONOMIC GROWTH
Akash Sharma
akashshrm5@gmail.com

2. GROSS DOMESTIC PRODUCT-
Total value of goods and services produced
within a country’s borders in a specific time
period —monthly, quarterly or annually.
GDP enables policymakers and central banks
to judge whether the economy is contracting
or expanding, whether it needs a boost or
restraint, and if a threat such as
a recession or inflation looms on the horizon.

3. FACTORS THAT LEAD TO
GDP GROWTH-
1. Natural resources
2. Physical capital or
infrastructure
3. Population or labor
4. Human capital
5. Technology
6. Law

4. Positive side-
• Enlarged labor force
• Large domestic market
• Encourages competition
Negative side-
• Depletion of resources
• Environmental decay
• Poverty, inequality

5. What is 'Inflation’?
Inflation is the rate at which the general level of prices for goods and services is rising and, consequently,
the purchasing power of currency is falling.
Factors leading to high rate of Inflation-
• Increase in demand of goods relative to supply.
• Decrease in value of each existing nominal unit of currency.

6. Thank you