Traditional Culture Encyclopedia - Traditional culture - What is the extensive economic model? What is an intensive economy?
What is the extensive economic model? What is an intensive economy?
Extensive economic's growth mode refers to increasing output mainly by increasing the input of production factors, that is, increasing investment, expanding factory buildings and increasing labor input. This kind of economic growth mode is also called extensional growth mode. Its basic feature is to expand the scale of production and realize economic growth by increasing the input of production factors.
Resource-saving society refers to a society that adopts comprehensive measures such as law, economy and administration in the fields of production, circulation and consumption to improve the efficiency of resource utilization, obtain the maximum economic and social benefits with the least resource consumption, and ensure the sustainable development of economy and society.
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