A strong economy builds a strong and great country. The economic growth depends on a stable economy and the people living in the country. The factors that contributes the economic growth of a country are: people, natural resources, education, values, skills and trades. People, are the main factor in the growth of an economy, as they are the one who develop, promotes, control and organize the trade, commerce and industry. The natural resources are the other support in the economy, oil and gas is one of the example. It provides a lot of revenue to a country, so if a country has a lot of natural resources, increases the per capita of a country. Values, this also affects since a corrupt people in the government or in an industry will yields the future to wilderness, nothing will happen. Skills and trades, the people should h

In an economy, there 2 types: Planned and Market Economy. The planned economy was governed by the government. They will tell what will make and what will go in and out of a country, they will try to balance the life each individual which will not differentiate their races to each other. This type of action is a good thing for us, people but meanwhile, there are also some disadvantages in this action, its economic growth is slow and walking like a turtle. Well, is not really that bad because the sales of manufactured goods are low in price and affordable. In the market economy, it is opposite, the people were given a way to whatever they want for a living. They can choose and franchise some stores. But rich people will be richer and the poor people will be poorer, as a result, there will be a fight between their differences and approaches. The poor people will felt that they are

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Some topics in this essay:
Planned Economy, Market Economy, planned economy, market economy, economic growth, natural resources, skills trades, , economy planned economy, market economy planned, economy planned, favour market, mixed economy, skills trades people, people living, trades people,