extensive and intensive growth
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About "extensive and intensive growth"
extensive and intensive growth extensive and intensive growth ruslan rustamov extensive growth 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.[1] 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. extensive growth refers to an increase in an economy's output that results from the expansion of resources, such as land, labor, and capital, rather than improvements in productivity. this type of …
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