Mahsulot tavsifi
Extensive growth refers to the 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. Extensive growth, such as GDP growth caused by increases in population or territory, is likely to be subject to diminishing returns and may have no effect on per-capita magnitudes in the long-run.
#economics#extensive growth#intensive growth#gdp growth#diminishing returns
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