What is steady state in economic growth 2024?
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Studied at the University of Zurich, Lives in Zurich, Switzerland.
Definition. A steady state economy is an economy with stable or mildly fluctuating size. The term typically refers to a national economy, but it can also be applied to a local, regional, or global economy. An economy can reach a steady state after a period of growth or after a period of downsizing or degrowth.
2023-05-07 05:39:17
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Charlotte Murphy
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Definition. A steady state economy is an economy with stable or mildly fluctuating size. The term typically refers to a national economy, but it can also be applied to a local, regional, or global economy. An economy can reach a steady state after a period of growth or after a period of downsizing or degrowth.