|
THE ECONOMIC EFFICIENCY OF INVESTMENTKeywords: economic efficiency , investments , progress Abstract: Economic efficiency is the main quality factor of economic growth because through it one can achieve an absolute performance enhancement involving the same amount of effort. In a market driven economy efficiency has to be estimated at a microeconomic level as well as with respect to the national economy Investments play a key role in the economy as an intermediate between the production of goods and services and the consumer itself being a factor of influence regarding the demand as well as the offer. Investment provides the financial support for promoting technical-scientific progress in various fields of activity.
|