Economics
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Boundless Economics
Economic Growth
Economics Textbooks Boundless Economics Economic Growth
Economics Textbooks Boundless Economics
Economics Textbooks
Economics

Section 1

Comparing Economies

Book Version 3
By Boundless
Boundless Economics
Economics
by Boundless
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3 concepts
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Economic Growth as a Measuring Stick

Economic growth is measured as the increase in real gross domestic product (GDP) in the long-run, through higher resources or productivity.

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How to Compare Economies Throughout History

Economies throughout history are defined by an evolution towards common currencies, global trade, and technologies driving productivity.

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Is Economic Growth a Good Goal?

Economic growth is typically viewed as positive, but there are mixed repercussions of increased productivity within an economic system.

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