Examlex
Single-factor explanations
Growth
The increase in the economic output and productivity of a country, measured by its Gross Domestic Product (GDP) over time.
Factors Of Production
The inputs used to produce goods and services
Property Rights
The ability of an individual to own and exercise control over scarce resources.
World Growth Rates
The rate at which the economic output of the world or specific countries increases over a given period of time.
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