Can An Economy Grow Forever? part 2: Growth

The video discusses economic growth, focusing on GDP as a measure of demand rather than supply. It highlights the importance of looking beyond GDP to assess economic well-being. The factors of production—land, labor, capital, and entrepreneurship—are explored, emphasizing the role of education and innovation in driving growth. The video also considers the potential limits to future technological advancements.

What is GDP and why is it used to measure economic growth?

Explain the significance of labor in economic growth.

How does entrepreneurship contribute to economic growth?

Discuss the role of capital in production and its impact on productivity.

What are the potential challenges to continuous innovation in technology?