When growth is driven by factors inside the economy,it is said to be
A) endogenous.
B) exogenous.
C) random.
D) unsustainable.
E) based on luck.

Question

Quizplus · Accepted Answer

When growth is driven by factors within the economy, such as productive businesses, labor force growth, and technological advancements, it is considered endogenous. This type of growth is sustainable and not dependent on outside factors such as natural resources or foreign investments.

When Growth Is Driven by Factors Inside the Economy,it Is