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Economic Growth
Economic growth can come from a number of sources. It can occur as a consequence of rising population, as has been common throughout recorded history, although increasing output in this way does not necessarily result in any improvement in living standards. The kind of growth which is of much greater importance economically is the sort which leads to higher output per head, or increasing productivity. This is the only way in which rising standards of living can be achieved.
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see also:
  Adam Smith
  Division of Labor
  Economics and Natural Resources
  Economy of Learning and Motion
  Foundations of Economics
  Freedom of Competition
  Geographic Specialization of Economic Activities
  Governmental Monopoly
  Japanese Economics
  Keynesian Economics
  Marxist Economics
  Money, Gold and Inflation
  Monopolism
  Political Economy and State Security
  Procapitalist Economics
  The Role of Wealth




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