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Agricultural expansion describes the growth of agricultural land (arable land, pastures, etc.) especially in the 20th and 21st centuries.. The agricultural expansion is often explained as a direct consequence of the global increase in food and energy requirements due to continuing population growth (both which in turn have been attributed to agricultural expansion itself [1] [2]), with an ...
Extensive growth, in economics, is growth in the quantity of output produced based on the expansion of the quantity of inputs used. It contrasts with intensive growth, which arises from inputs being used more productively. For example, GDP growth caused only by increases in population or territory would be extensive growth. [1]
The individual episodes of expansion/recession occur with changing duration and intensity over time. Typically their periodicity has a wide range from around 2 to 10 years. There are many sources of business cycle movements such as rapid and significant changes in the price of oil or variation in consumer sentiment that affects overall spending ...
Economic contraction and expansion relate to the overall output of all goods and services, while the terms "inflation" and "deflation" refer to increasing and decreasing prices of commodities, goods and services in relation to the value of money. [citation needed] On the microeconomic level, expansion may involve enlarging the scale of a ...
Related to vertical expansion is lateral expansion, which is the growth of a business enterprise through the acquisition of similar firms, in the hope of achieving economies of scale. Vertical expansion is also known as a vertical acquisition. Vertical expansion or acquisitions can also be used to increase sales and to gain market power.
Together with British geologist Arthur Holmes, Joly proposed a hypothesis in which Earth loses its heat by cyclic periods of expansion. By their hypothesis, expansion caused cracks and joints in Earth's interior that could fill with magma. This was succeeded by a cooling phase, where the magma would freeze and become solid rock again, causing ...
The economic growth rate is typically calculated as real Gross domestic product (GDP) growth rate, real GDP per capita growth rate or GNI per capita growth. The "rate" of economic growth refers to the geometric annual rate of growth in GDP or GDP per capita between the first and the last year over a period of time.
Inorganic growth is the rate of growth of business, sales expansion etc. by increasing output and business reach by acquiring new businesses by way of mergers, acquisitions and take-overs. [ 1 ] [ 2 ] This kind of growth also takes place due to government directives, leading to enhancement of business in some identified priority sector/area.