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What is the foundation of economic development and the source of wealth growth? It is also the basis of social stability.

“The foundation of economic development and the source of wealth growth is also the basis of social stability” is a common saying in economics. Its original meaning is that economic development is an important foundation for national prosperity, and wealth growth It is an important source of power to promote economic development. At the same time, healthy economic development and reasonable growth of wealth are also one of the basic prerequisites and conditions for maintaining social stability and harmony.

A country’s economic development needs to eliminate some constraints, such as stagflation, employee shortages, unemployment, foreign exchange peaks, etc. In order to ensure sustained, stable and rapid economic growth, it is necessary to implement various economic policies, including monetary policy, fiscal policy, price policy, etc. These policies can promote economic development and wealth growth, and also help alleviate the social gap between rich and poor, employment problems and other social problems. problems, thereby maintaining social stability.

In short, economic development and wealth growth are conducive to promoting the development of the country and society, and are also an important basis for maintaining social stability and harmony.