Explain the relationship between energy and econmic development

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asked Feb 13, 2021 187k views

2 Answers

DSchana · Answer 1 · 2021-02-13T22:20:09+0000

Due to the strong positive correlation between energy and economic growth, any negative shocks to energy, such as a rise in energy prices or the impact of energy conservation policies, will have a negative impact on GDP.

Norq · Answer 2 · 2021-02-17T20:25:56+0000

Due to the strong positive correlation between energy and economic growth any negative shocks to energy such as in energy prices or impact of energy conversion politics will have a negative impact on GDP. If there was an efficient energy relative to the man it will lead to fill in GDP.

Explain the relationship between energy and econmic development

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