Economic Growth essay

Document Type:Essay

Subject Area:Economics

Document 1

The time taken to solve such problems lowers the growth of the economy. If a country has little capital to operate with, it is always a problem to invest in future since one cannot invest where there is insufficiency. That is why some countries do not invest. I agree with the statement that Uganda has the highest rate of population growth as compared to other countries in the world. The reason is that the citizens have nothing to do and its current value is low. For instance, it has cases of political instability where security is a great concern. Other problems include an insufficient power supply, poor infrastructure, slow implementation of economic reforms, and corruption. Due to its young growth in the Democracy of Islamic extremists, it suffers economically.

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