Question

Exogenous Growth and endogenous growth.

20 Feb 2025
Answer :
Word Count : 157
FeatureExogenous GrowthEndogenous Growth
DefinitionGrowth driven by external factors such as technological progress, population growth, or capital accumulation.Growth driven by internal factors such as human capital, innovation, and knowledge spillovers.
Role of TechnologyTreated as an external factor (exogenously determined).Considered an internal factor _____ __________ ___ ___ ________ ____ ___ ___ ___ _________ ____.
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