STEN 1000 Chapter Notes - Chapter 2: Foreign Direct Investment, World Economic Forum, Gross Domestic Product
14 Jul 2017
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3. 5% from the year before, the biggest year-over-year decline since: economy is over-reliant on housing and consumption, need manufacturing to invest and grow. G7/8 is a quasi-orga(cid:374)izatio(cid:374) (cid:272)o(cid:373)prisi(cid:374)g of the (cid:449)orld"s (cid:373)ajor fully de(cid:448)eloped economies. The g7 consists of the united states, japan, germany, great. In 2006, the g7 transitioned to the g7/8 with the inclusion of russia into its membership. Heads of the g7/8 countries meet at least once annually to discus major economic, political, and societal issues challenging the global marketplace. Recent meeting trends have also resulted in representatives of major developing economies (such as china) attending at least part or all of such summit meetings. Contributing factors to canadian economic development: a core requirement to the stability and growth of an economic system lies in its ability to service and promote both the current and future economic activity taking place.
