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4.4.4 causes of economic growth
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Two routes to economic growth

Two routes to economic growth

Comparison of demand-side growth using idle resources within existing productive capacity and supply-side growth shifting productive capacity outward

Economic growth is an increase in real output. Demand-side causes raise aggregate demand and encourage firms to use existing spare capacity, while supply-side causes increase the quantity or quality of factors of production.

4.4.4 causes of economic growth Lesson

  1. Intl A Level
  2. /Economics
  3. /4.4.4 causes of economic growth

Step-by-step lessons on CIE Intl A Level Economics 4.4.4 causes of economic growth. Each one builds up to exam-style questions.