Economy, asked by kapilpajji1400, 1 year ago

Characteristics of economic growth according to simon kuznet

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Answered by SuperstarPiyush

Characteristics of growth. Simon Kuznet(Nobel Prize winner for economics in 1971) identified 6 characteristics of growth. ... (i) High rates of growth per capita output and population. (ii) High rates of increase in total factor of productivity (TFP) i.e. the output per unit of all inputs.

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