Page 2 - fliipbook wulan suci indah sari

ECONOMIC GROWTH

1. UNDERSTANDING ECONOMIC GROWTH

The understanding of economic growth according to

experts is as follows:

a. Wijono (2005)

Economic growth in short is the process of increasing output

per capita in the long term, emphasizing three things, namely

the process, output per capita and the long term.

b. Tambunan, 2001

High economic growth and its sustainable process are the

main conditions for sustainable economic development.

Economic growth shows the extent to which economic

activity will generate additional community income in a

certain period.

c. Sukirno (2011)

Economic growth is the development of activities in the

economy which causes goods and services produced in

society to increase.

2. THE DIFFERENCE BETWEEN ECONOMIC GROWTH AND

ECONOMIC DEVELOPMENT

a. Economic growth b. Economic

Development focuses on BROADER CHANGES IN THE

changes in economic size and
STRUCTURE AND QUALITY OF

output, quantitative concepts, ECONOMIC LIFE, QUALITATIVE

DIMENSIONS, SOCIAL
tend to focus more on aspects ASPECTS, WELFARE AND THE

of production and income. ENVIRONMENT.NT.