4 ms·
I think both are true. If no technological progress happens, but the productive workforce is 1% bigger each year, cet par you expect a 1% GDP growth - 1% more s
by rich_sasha 5y ago
I think both are true. If no technological progress happens, but the productive workforce is 1% bigger each year, cet par you expect a 1% GDP growth - 1% more stuff being made etc.
But sure, we can move on from that. At one point, the strength of a nation was counted in coal and sulphuric acid output, and investing in factories was all the rage.