Bring out the salient features of the endogenous growth theory.

Question

01 Dec 2020

Answer :

Word Count : 318

Endogenous growth theory is an economic theory which argues that economic growth is generated from within a system as a direct result of internal processes. More specifically, the theory notes that the enhancement of a nation's human capital will lead to economic growth by means of the development of new forms of technology ________ ___ __________ ____ __________ _________ _________ _________ __________ ___.
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