18 Capital accumulation and technological change bring economic growth, which means that the PPF keeps shifting outward:
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18 Capital accumulation and technological change bring economic growth, which means that the PPF keeps shifting outward: production that was unattainable yesterday becomes attainable today; production that is unattainable today will become attainable tomorrow. Why doesn’t this process of economic growth mean that scarcity is being defeated and will one day be gone?
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Related Book For 
Economics
ISBN: 9781118150122
10th European Edition
Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews
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