Economic Growth

Economic growth is the process by which the evaluation of the nation’s wealth is determined by how much it increases over time. However, it is the term that is often used in discussions related to short-term economic performance that is in the context of economic theory. It is used to refer to an increment in wealth of the nation over an extended period. Economic growth is measured in the increase in aggregated market value of additional goods and services produced, with the help of estimates like GDP. We have numerous types of Topics and Examples that can be viewed by you for more knowledge.

Impact of the Internet Usage on Social Capital and the Consequences of This Impact for Economic Growth

  • Course Code: SPW17802
  • Country: United Kingdom
  • Pages: 11
  • Published On: 30-10-2023

Several economists and researchers in the past have predominately focussed on natural capital, human capital and physical capital as major determinants influencing the economic growth (Salahuddin et al., 2015; Iyer et al. 2005). Notably, a plethora of research studies has been conducted in the past examining this relationship. Though the scholars in the past have concentrated on these three broad types of capital in the process of driving economic growth

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The economic field talks about the major two sections, micro, and macro, both state their value and have a major impact on the market. The micro studies the importance of small areas say for small-scale industries, etc whereas the macro explains the chapter as a whole which means it engages the concept of the entire zone like GDP, national income, etc. This scale of industry is a larger concept as there are many areas to deal with. Hereby, when indulged with this field the students need to pay thorough attention to deal with it.

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