Answer to Question #72439 in Other Economics for Cecilia Rincon
The primary factors underlying economic growth are:
-expanding resources and improving technology.
-rising exports and imports.
-falling consumer demand but improving technology.
-expanding resources and rising interest rates.
The right answer should be a).There are two types of Economic growth: extensive and intensive. Extensive growth means a physical expanding of resources , on the other hand, the intensive growth is raising an efficiency of the available resources by, for example, improving technology .
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