Problem:
The World Bank is currently advising newly industrialized countries on how to encourage growth and they have asked for your help.
Using the internet and other resources, research the factors behind economic growth in Hong Kong and Singapore. Which of these methods of encouraging growth would you suggest to a newly industrialized economy?
Objective:
Identify current trends in macro and microeconomics.
Locate and interpret economic data, such as data on prices and quantities of specific goods and services, GDP, unemployment, and inflation.
Discuss the impact of technology on business.