The greatest economic policy of every government is the positive strategy of production to encourage large and small scale industries to generate wealth to support governments income. This demands dynamic approaches in every sector for economic growth. To do this requires four factors that will enhance positive economic growth. (1) Capital: The sum of money needed to lay the structures for economic growth. Every project demands amount of money to increase production to make economic growth a reality. (2) Investments: Investments encourages economic growth, because it increases production to cause more money to return. This again requires positive economic policies to implement those strategies for sustainable economic investments and developments. (3) Trade: Trade involves vibrant marketing environments for businesses. The appetite for many nations to trade together for the benefits of economic growth without putting the burden on consumers, but successful economic policies that are workable. This is to improve the living standard of peoples to end economic crisis to eradicate poverty. (4) Equilibrium: To balance the state of economic growth. All reaching at a point that is beneficial for capital, investment and trade to yield positive economic growth for both developed and underdeveloped nations across the globe. As these pillars are pegged in a strategic environments the mechanism for socio-economic developments become visible to measure the living standards of a nation to the level of economic achievements. National wealth is not how much a nation has, but how well peoples of a nation are economically sustained and healthy.
Francis Asante-Boadu
