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Describe the Main Ideas of Endogenous Growth Theory

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Essay

Describe the main ideas of endogenous growth theory.What does it have to say about the role of government in economic growth?


Definitions:

Clastic Textures

Textural features found in sedimentary rocks that result from the accumulation and cementation of mineral and rock fragments.

Interlocking Minerals

Minerals that grow together and interlock their crystals, often found in igneous rocks.

Eroded Rocks

Rocks that have been worn down or broken apart by the forces of weathering and erosion.

Cleavage

The tendency of a mineral to break along smooth flat surfaces according to its crystal structure.

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