Economic growth

Sources of Economic Growth/Factors Affecting Economic Growth

Leave a Comment / Development Economics, Study Materials / Enotes World

Economic growth is the steady procedure by which the productive capacity of the nation or economy is increased over time to bring an increased standard of living and national output. It is affected by different economic as well as non-economic factors. The different sources of economic growth or factors affecting economic growth are pointed by […]

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Meaning of Economic Growth and the Difference between Growth and Development

Leave a Comment / Development Economics, Study Materials / Enotes World

The term economic development is fundamentally different from the concept of economic growth. In an ordinary sense, the term economic growth is related to the rate of change in GDP or per capita income of the people of the country. Growth concerns the quantitative aspect of change and growth. So, economic growth is a sustained

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