Economic potential

Economic potential is the potential of a region, nation, or corporation for economic development and growth. Typically, discussions of economic potential occur when 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."[1]: 174 

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

References

  1. ^ "Joint Publication 1-02" (PDF). Department of Defense Dictionary of Military and Associated Terms: 174.

External links

  • Economic Potential
  • R.A. (2014-06-13). "Economic potential;In search of lost time". The Economist.
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