Page 19 - Brown and White Doodle Marketing Proposal Report Cover A4 Document
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NEO-CLASSICAL THEORY
NEO-CLASSICAL GROWTH THEORY LOOKS AT IT
FROM A DIFFERENT ANGLE TO THE HARROD-DOMAR
THEORY, NAMELY FROM THE SUPPLY SIDE.
ACCORDING TO THE NEO-CLASSICAL THEORY PUT
FORWARD BY ABRAMOVITS AND SOLOW, ECONOMIC
GROWTH THAT OCCURS DEPENDS ON
DEVELOPMENTS THAT OCCUR IN PRODUCTION
FACTORS.
