TYPES OF ECONOMIC GROWTH
Keywords:
Economic growth is divided into two types: 1) extensive; 2) intensive. Growth due to increase in quantity of resources or slow increase of economic factors belongs to the type of extensive growth of this economyAbstract
In some countries, economic development is at a very high pace, and in others it is the opposite. Types of economic growth in order to understand how to accelerate economic growth, the level of real GDP (that is, real GDP per capita) and its rate of change between countries and the factors influencing it will need to be studied. Raising production and potential GDP, which is the main driver of economic growth, largely depends on the amount of resources and the duration of their quality.
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References
T.Z.Teshabayev, Z.M.Otakuziev. Makroiqtisodiyot(study guide). -T.:”Aloqachi”, 2017,404 pages.
uz.periodicalfinance.com.
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Published
2024-09-19
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