The country was further ranked 1st in life satisfaction and 5th in overall prosperity in the 2007 Legatum Institute prosperity index. Economic Activities. Some credit our unparalleled university system. Several factors, including some that are unique to West Africa, helped the virus stay hidden and elude containment measures. 2 A framework for regional economic development 14 2.1 Factors in economic development 15 2.2 Summary 16 3 Enabling Indigenous prosperity 18 3.1 What does success look like? The two factors that contributed to the post war economic boom were 1. Aside from the economic recession of 1920-21, when by some estimates unemployment rose to 11.7%, for the most part, unemployment in the 1920s never rose above the natural rate of around 4%. From Athens to Alexandria: Hellenism and Social Goals in Ptolemaic Egypt. By J. Kenneth Blackwell . America is the most prosperous society in the history of mankind, and many factors have contributed to its success. WHO/S. the stock market, speculation, and buying on a margin. Which of the following contributed to China's economic prosperity during the Tang and Song dynasties? Shaddup Libs. Superficial prosperity is believed to be one of the causes of the Great Depression of the 1920s, due to the fact that people took out more loans and bought more things on credit than they could afford to pay back. A public outcry is a clear indication that an existing social policy made by an organization or a government institution can be considered inefficient. United States - United States - Industrialization of the U.S. economy: By 1878 the United States had reentered a period of prosperity after the long depression of the mid-1870s. U.S. News and World Report notes that high-income countries have experienced a steeper decline in fertility than low-income countries, but it's unclear whether confounding factors, such as increased educational opportunities, are … Lv 5. Several factors contributed to the revolution such as, technology, private property, individual rights and freedom and self-interest and competition. Economic factors Economic prosperity varies across participating countries, according to the Human Development Index (HDI), which is a composite index that factors in life expectancy, literacy, education levels, and standard of living (United Nations Development Programme, 2006). More existentially, digital technologies rob us of our humanity, as automation and machine learning become a dangerous   Per-capita GDP rose from $6,460 to $8,016 per person, but this prosperity … This rise occurred largely due to its prominent location and control of key trading routes and … Due to pericles, Athens was regarded as the ‘Mother of Democracy’. Others note our vast natural resources. Factors are needed to be considered in a serious manner because social policies are always resurrected whenever there are wrongdoings that happen to a certain group or an institution. Technology is something to resist. Monumental “modernist” approach to a wealth of archaeological evidence about the economy during the Hellenistic period. the use of credit. The economic growth of a country may get hampered due to a number of factors, such as trade deficit and alterations in expenditures by governmental bodies. Economic troubles and overreliance on slave labor. For many war veterans, a return home marked a chance to start families of their own; 3.4 million babies were born in 1946, a 20 percent increase from just a year before, according to … Now, in most respects, it lags far behind. Greece under the rule of Pericles and China during the Han and Song Dynasties were important periods of history that have contributed to modern society. In 2010, the largest employer of Aboriginal people living in the provinces and off reserves was health care and social assistance, followed … The benefits largely accrue to a few oligarchs. Draco, Solon, Cleisthenes and Pericles contributed a lot for the growth of democracy. The growth of families also contributed to the prosperity of the 1950s. The economic meltdown of the late 1920s also doomed many smaller local banks. The economy of ancient Greece was defined largely by the region's dependence on imported goods. Era of teenagers: As there was a baby boom the children grew up to be teenagers who had the power of money 2.The discovery of plastic : its discovery made everything cheaper and excited people to buy more stuff There was also a mass belief that the United States was entering a state of prosperity for all; that it was "Too big to fail", so to speak. 4. Different factors contributed to the fall of the Roman Empire. 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