Answer
Economic growth
Step-by-step explanation
According to the Solow Growth Model, economist Robert Solow found that greatest stimulus to economic growth originates from technology, resources and institutions. This model explains the long-run economic growth by defining capital accumulation, population growth and increased productivity collectively referred to as technological progress. The model predicts conditional convergence, which is to say for example countries that have similar characteristics converge to the same steady state, equal saving rates.