A number of measures indicate the viability of a nation's economy. βββ βββββ βββ ββββ ββ ββββββ ββ βββββββββ ββββββ βββ βββ ββββ βββββββββββ βββββββββββ βββ ββββββββββββ βββ βββββββββ βββββ βββ ββββ ββββββββββ ββββββββ ββββββββββββ ββββββββ βββββββ ββββββββ ββββββββ βββ βββββββ βββ ββββ ββββββ ββββββββββ βββ ββββ βββ β ββββ βββββ βββββββββββ βββββββββββ βββ βββββββ ββββ ββββ βββββββββββ ββ βββββ βββββ ββββββββ βββ βββββ βββββββββββ βββ ββ βββββ ββββββββββ ββββββββ
The level and rate of growth of aggregate output are the most significant indicators of the viability of a nationβs economy. Unemployment and inflation rates are also important indicators. Some countries have viable economies even though they do not have very large populations. For example, Switzerland and Austria have viable economies, but only about seven million people. Israel, Ireland, Denmark, and Finland all have viable economies, but less than seven million people.
Having a very large population isnβt required to have a viable economy.
If the size of a countryβs population is an indicator of the viability of a nationβs economy, it is not the most significant indicator.
Analysis by Kevin_Lin
Which one of the following ββ ββββ ββββββββ βββββββββ ββ βββ βββββββββββ ββββββ
A nation's economic βββββββββ ββ βββββββββββ ββ βββ ββββ ββ βββ βββββββββββ
Having a population ββββββ ββββ βββββ βββββββ βββββββ ββββ β ββββββ ββββ ββ ββββββββββββ βββββββ
Economic viability does βββ βββββββ β ββββββββββ ββ ββ βββββ βββββ ββββββββ
A nation's population ββ βββ ββββ βββββββββββ βββββββββββ ββ βββ βββββ βββ ββββ ββ ββββββ ββ βββββββββ βββββββ
A nation's population βββββββ βββ βββββ βββ ββββ ββ ββββββ ββ βββββββββ ββββββ ββββ ββββ ββ βββββββ ββββββββββββ βββ βββββββββ ββββββ