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'''Economic potential''' refers to the [[potential]] of a [[region]], [[nation]], or [[corporation]] for [[economic development]] and [[economic growth|growth]] and creation of [[surplus value]]. It usually means that available [[resource]]s have not yet been tapped and fully developed or [[exploitation|exploited]], possibly because of missing [[infrastructure]].
'''Economic potential''' refers to the [[potential]] of a [[region]], [[nation]], or [[corporation]] for [[economic development]] and [[economic growth|growth]] and creation of [[surplus value]]. It usually means that available [[resource]]s have not yet been tapped and fully developed or [[exploitation of natural resources|exploited]], possibly because of missing [[infrastructure]].


The [[Department of Defense Dictionary of Military and Associated Terms|Dictionary of Military and Associated Terms]] (2005) defines economic potential as
The [[Department of Defense Dictionary of Military and Associated Terms|Dictionary of Military and Associated Terms]] (2005) defines economic potential as

Revision as of 19:29, 17 May 2016

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

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