Extensive growth
id:
extensive-growth-284-3700584
title:
Extensive growth
text:
Extensive growth, in economics, is growth in the quantity of output produced based on the expansion of the quantity of inputs used. It contrasts with intensive growth, which arises from inputs being used more productively. For example, GDP growth caused only by increases in population or territory would be extensive growth. Thus, extensive growth is likely to be subject to diminishing returns. It is therefore often viewed as having no effect on per-capita magnitudes in the long-run. Reliance on
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wiki
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encyclopedia
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original url:
https://en.wikipedia.org/wiki/Extensive_growth
date created:
date modified:
2021-01-01T08:14:25Z
main entity:
{"identifier":"Q3003217","url":"https://www.wikidata.org/entity/Q3003217"}
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13
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13