Through Science & Technology
The relationship between economy and societal behavior gives; 1. the opportunity to measure, study, and understand how individual status is affected by economic variables, 2. to understand in what way the economy creates and develops attitudes and values in individuals, 3. to explain how individual behavior is influenced by economic trends, and 4. what are the implications of this relationship in public policy.
Economic growth is an expanding circle of interactive elements breaks down public and private capitals as GDP components.
One of the major inputs in production is Human Capital being its key forms both economy and education.
Effectiveness and efficiency develope the ability of a nation or country to achieve a
high and rising standard of living.
Private capitals are essential to development process, especially in those countries where economic crisis created a gap between the economy and individuals leading towards dangerous levels of institutional dissatisfaction.
The dynamics of a healthy economy help enormously to improve service delivery and make governments more responsive to citizens’ need increasing institutional confidence and minimizing political mobilization and crisis.
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