Economic potential

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Economic potential is the potential of a region, nation, or corporation for economic development and growth. Typically, discussions of economic potential occur when available resources have not yet been tapped and fully developed or exploited, possibly because of missing infrastructure.

Contents

The Dictionary of Military and Associated Terms (2005) defines economic potential as

"The total capacity of a nation to produce goods and services." [1] :174

See also

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References

  1. "Joint Publication 1-02" (PDF). Department of Defense Dictionary of Military and Associated Terms: 174.