Economic potential

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Economic potential refers to the potential of a region, nation, or corporation for economic development and growth and creation of surplus value. It usually means that 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."

See also

External links

  • http://encyclopedia2.thefreedictionary.com/Economic+Potential
  • R.A. (2014-06-13). "Economic potential;In search of lost time". The Economist.