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."{{Cite journal |title=Joint Publication 1-02 |url=https://www.cia.gov/library/abbottabad-compound/B9/B9875E9C2553D81D1D6E0523563F8D72_DoD_Dictionary_of_Military_Terms.pdf |journal=Department of Defense Dictionary of Military and Associated Terms |pages=174}}{{Reference page|page=174}}
See also
- Productive capacity
- Potential output
- Production–possibility frontier
- Developing country
- Potential superpowers
- {{wpsearch|1="economic potential"}}
References
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External links
- [http://encyclopedia2.thefreedictionary.com/Economic+Potential Economic Potential]
- {{cite news|title=Economic potential;In search of lost time|date=2014-06-13|author=R.A. | publisher=The Economist|url=https://www.economist.com/blogs/freeexchange/2014/06/economic-potential}}
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