• Economic growth is the process of creating and sustaining an institutional environment that promotes technological change and the accumulation of human and physical capital. (nishanteacademy.in)
  • There are fewaspects of human behaviour that do not have an economic dimension and little ofcurrent affairs can be understood without a knowledge of economic principles. (vdocuments.mx)
  • It represents the total value of goods and services produced within a country's borders in a specific period of time, typically a year. (nishanteacademy.in)
  • which represents the dematerialization of economic activities. (researchgate.net)
  • Economic growth means more output and income per person. (nishanteacademy.in)
  • Per capita GDP is calculated by dividing a country's GDP by its population, providing an estimate of the average economic output per person. (nishanteacademy.in)
  • Economic growth refers to an increase in the production of goods and services in an economy over time. (nishanteacademy.in)
  • It is characterized by a contraction in gross domestic product (GDP), which is the total value of goods and services produced within a country's borders. (nishanteacademy.in)
  • The Green Revolution of the 1960s and 1970s, which introduced high-yielding varieties of crops, led to a significant increase in agricultural production, and this contribute d to overall economic growth. (nishanteacademy.in)
  • An important share of the global human and livestock populations are found within smallholder mixed-crop-livestock systems, which should, therefore, contribute significantly towards this increase in livestock production. (researchgate.net)
  • CENTRAL QUESTION = Does the economic response to the recent global financial crisis mark the death of macroeconomics as a viable way to manage the economy? (socialglobalstudies.com)