Five Important Sources of Economic Growth Are (1

question 36

Essay

Five important sources of economic growth are (1.)Growth-compatible institutions, (2.)Capital accumulation.(3.)Available resources, (4.)Technological development,and (5.)Entrepreneurship.Discuss three of these sources.

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Definitions:

Absolute Threshold

The minimum intensity of a stimulus at which it can be detected by an individual at least 50% of the time.

Difference Threshold

The smallest detectable difference between two stimuli that a person is able to sense, also known as the just noticeable difference (JND).

Minimum Threshold

The lowest intensity at which a stimulus can be detected 50% of the time.

Light Entering

Refers to the process of light passing into the eye, pivotal for the process of vision.