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Economic Growth and Decisive Factors

The basic type of economic growth The basic type of economic growth It is made by promoting efficiency of productive factors.It can achieve under the amount of productive factors not increasing.It is including the increasing of all and single productive efficiency.
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Economic Growth and Decisive Factors
The
decisive factor of growth
Quantity of productive factors Human resources Technical progress System factors
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Harrod-Domar Growth Model
Hypothesis
preis constant Technology is constant
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Harrod-Domar Growth Model

Hypothesis premise
9 Theories of Economic Growth
Economic
Growth and Decisive Factors Harrod-Domar Economic Growth Model New Classical Growth Model New Cambridge Economic Growth Model Technical Progress and Economic Growth Debate about Economic Growth
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Economic Growth and Decisive Factors
The basic type of economic growth Extensive economic growth It is made by the increment of productive factors.The more productive factors means the more productive capacity,but it doesn't't mean factors is full use. The output per factor obtains is constant when aggregate output increases.
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CONTENT
Economic Growth and Decisive Factors
Definition
of growth The basic type of growth The decisive factor of growth
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Economic Growth and Decisive Factors
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Economic Growth and Decisive Factors
Intensive
economic growth
It is induced by productive capacity,and which is induced by promoting efficiency of factors.it can bring about under the amount of Factors is constant.it is not only including the increasing of overall ,but also single productive efficiency .
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Harrod-Domar Growth Model
Hypothesis
premise
Only one kind of merchandise produces in all society. There are just two productive factors.
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Definition
of economic growth Economic Growth represents the expansion of productive capacity or real national output.
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Economic Growth and Decisive Factors
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Economic Growth and Decisive Factors
The
difference between Economic Development and economic growth
Economic development is not only including economic growth,but also the changes of society system and economic structure

Definition of economic growth the expansion of productive capacity or real output mainly determines the quantity and quality of human resources,nature resources ,accumulation capital and technical level in a country. Economic growth means improving and increasing of these factors.
Because scale return is constant, technology too.The proportion of labor and capital is constant,whenever the quantity of labor and capital that per output produced need are constant. Marginal propensity to save is constant.It equals average propensity to save,or proportion of saving in national income.Average propensity to save or proportion of saving in national income is constant .