What does extensive growth mean?
Definitions for extensive growth
ex·ten·sive growth
This dictionary definitions page includes all the possible meanings, example usage and translations of the word extensive growth.
Wikipedia
Extensive growth
Extensive growth, in economics, is growth in the quantity of output produced based on the expansion of the quantity of inputs used. It contrasts with intensive growth, which arises from inputs being used more productively. For example, GDP growth caused only by increases in population or territory would be extensive growth. Thus, extensive growth is likely to be subject to diminishing returns. It is therefore often viewed as having no effect on per-capita magnitudes in the long-run.Reliance on extensive growth can be undesirable in the long-run because it exhausts resources. To maintain economic growth in the long-run, especially on a per-capita basis, it is good for an economy to grow intensively—for example, by improvements in technology or organisation, thereby shifting the economy’s production possibilities frontier outward.
Numerology
Chaldean Numerology
The numerical value of extensive growth in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of extensive growth in Pythagorean Numerology is: 7
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"extensive growth." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/extensive+growth>.
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