Encyclopedia of Early Modern History Online

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Economic growth
(3,293 words)

1. Concept and elements

Economic growth is the increase of available goods and services in a national economy (Economy, political). It is often indicated as the annual rate of growth of the economy on a per capita basis. The raising of economic performance can arise by means of three processes: (1) growth achieved by a strengthening of investment of the production factors work, capital and land is called extensive …

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Hesse, Jan-Otmar and Pfister, Ulrich, “Economic growth”, in: Encyclopedia of Early Modern History Online, Editors of the English edition: Graeme Dunphy, Andrew Gow. Original German Edition: Enzyklopädie der Neuzeit. Im Auftrag des Kulturwissenschaftlichen Instituts (Essen) und in Verbindung mit den Fachherausgebern herausgegeben von Friedrich Jaeger. Copyright © J.B. Metzlersche Verlagsbuchhandlung und Carl Ernst Poeschel Verlag GmbH 2005–2012. Consulted online on 21 March 2023 <http://dx.doi.org/10.1163/2352-0272_emho_COM_030441>
First published online: 2015
First print edition: 20170626

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