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| This article is part of WikiProject Definitions. Consider editing to improve it. View articles referencing this definition. |
Productivity growth drives advancement, from the micro level to the macro - it is one of two sustainable drivers of GDP growth, and one of the competitive advantages of leading firms across the globe. Productivity is simply how much one can get out of set resources. For example, the ongoing development of information technology increases the amount of work an employee can perform every hour, be it making cars or creating spreadsheets.
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