Duration 4:39

Harrod Domar Growth Model part 2 | | explained.

1 134 watched
0
33
Published 14 Aug 2019

The model helps to explain how growth has occurred and how it may occur again in the future. Growth strategies are the things a government might introduce to replicate the outcome suggested by the model. Basically, the model suggests that the economy's rate of growth depends on: The level of national saving (S) The productivity of capital investment (this is known as the capital-output ratio) For more videos subscribe the channel

Category

Show more

Comments - 2