Topic

Economic growth

My Progress

Pug Score

0%

Study Points

+0

Unlock Full Access
Adaptive practice
Video lessons

Watch

Intro to the two drivers of economic growth

Intro to the two drivers of economic growth

📝 My Notes

Auto-saves the current timestamp

Intro to the two drivers of economic growth

3:15

About this lesson

Economic Growth Overview:
2 Factors of Economic Growth
  • Technological Change
  • Capital Accumulation

Key Moments

No key moments available.

Video 1 of 7

Intro to the two drivers of economic growth

3 min

• Selected

How economic growth shifts the PPF using a chicken and farms example

3 min

Drawing a PPF for a company producing phones and laptops

2 min

Shifting the PPF when new technology increases laptop production

1 min

Analyzing how new technology affects opportunity cost of cell phones

4 min

Explaining why new technology makes the company more efficient

3 min

Why scarcity persists despite economic growth

2 min