# Solow Growth Model Summary::The Solow growth model is an economic model that analyzes a country's output compared to a country's input The Solow growth model is an economic model that analyzes a country's output compared to a country's input, which includes its population growth, savings, investments, capital, depreciation and technological advancements. The Solow model focuses on the long-term growth of an economy and shows how depreciation and investment eventually reach a steady state as technology advances, meaning it determines a country's ratio of capital to its labor. If you're interested in economics, learning how the Solow growth model works can be beneficial in understanding a country's growth rate. Clipped from [Solow Growth Model: Definition, Purpose and Examples | Indeed.com](https://www.indeed.com/career-advice/career-development/solow-growth-model) at 2024-03-31. --- # References [[Introduction to the Solow Growth Model]]