Growth Rates: Formula, How to Calculate, Definition.

Formula for Calculating Growth Rates and Definition of Growth Rate How do you find the growth factor and growth rate? The growth factor is the factor by which something grows. The growth rate is the rate at which something grows. To find the growth factor, divide the final value by the initial value. To find … Read more

Characteristics, Examples, Pros & Cons of a Mixed Economic System.

Mixed economic systems: examples, pros and cons. What are the disadvantage of mixed economic? There are several disadvantages of mixed economies: 1) Mixed economies tend to be less efficient than pure market economies. This is because they involve the government in activities that are best left to the private sector, such as the allocation of … Read more