How does an economy grow?
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The fundamentals of economic growth are constant regardless of how big or complex it is. http://spendenforcer.com/
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This is idiotic. How does the government "consume" wealth? It does so by hiring workers and buying goods. Public spending is a factor in GDP. The government would provide various services allowing the farmer to be more productive. Services like defense, roads and infrastructure.
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Well put and very helpful to anyone who doesn't understand why a country like America has such a high standard of living compared to some others.
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Great vid, but! you really need to upgrade your mic, i really wanted to hear more but the sound put me of, if you upgrade let me know.
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