Economic potential

Economic potential refers to the potential of a region, nation, or corporation for economic development and growth and creation of surplus value. It usually means that available resources have not yet been tapped and fully developed or exploited, possibly because of missing infrastructure.

The Dictionary of Military and Associated Terms (2005) defines economic potential as

"The total capacity of a nation to produce goods and services."

See also

Productive capacity
Potential output
Production–possibility frontier
Developing country
Potential superpowers
"economic potential" – Wikipedia search | Google search | Bing search | DuckDuckGo search | Yahoo search

External links

http://encyclopedia2.thefreedictionary.com/Economic+Potential
R.A. (2014-06-13). "Economic potential;In search of lost time". The Economist.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.