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Investments glossary

Exogenous Growth

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Quotes of the day:

Business strategies can interestingly be assimilated with medicinal drugs. There are no better or worse strategies. There are only adequately adopted business strategies or inappropriately selected and implemented strategies.

— Abderrahman Hassi

Exogenous growth, a key tenet of neoclassical economic theory, states that growth is fueled by technological progress independent of economic forces. Both the exogenous growth and endogenous growth theories are part of the neoclassical growth models.



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