what is the meaning of stationary state of an economy
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A steady-state economy is an economy made up of a constant stock of physical wealth (capital) and a constant population size. In effect, such an economy does not grow in the course of time. ... The world's mounting ecological problems have brought about a widening interest in the concept of a steady-state economy.
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a steady state economy is an economy made up of a constant stock of physical wealth and a constant population size.in fact,such an economy does not grow in state of time
The world mounting ecological problems have brought about a widening interest in the concept of a steady-state economy.
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