what are the characteristics of the modern economic growth
Answers
Answered by
8
Answer:
Characteristics of growth:
High rates of growth per capita output and population
High rates of increase in total factor of productivity (TFP); the ouput per unit of all inputs
High rates of structural transformation of the economy
High rates of Social, Political, and Ideological Transformation
Propensity to trade
Answered by
24
Answer:
High rate of growth per capital out put and population
Similar questions