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Economic Growth 01: Introduction and the Rule of 72
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This video introduces economic growth and discusses the Rule of 72.
How long does it take for a nation's economy to double in size? Or on a personal level, how long will it take for your personal investment to double in size? The Rule of 72 combines a simple rule of thumb with the ease of quick mental math to help you answer these questions.
How long does it take for a nation's economy to double in size? Or on a personal level, how long will it take for your personal investment to double in size? The Rule of 72 combines a simple rule of thumb with the ease of quick mental math to help you answer these questions.
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