Scientific - Technical Potential and Long-Term Economic Growth

The sharp reorientation projected by the Party in the realm of economic development and the changeover to intensive methods of economic management advance theoretical problems of reproduction of a new type, which expands primarily on the basis of the technological utilization of the attainments of modern science. It is possible to speak of the advent of the historic period predicted by K. Marx when "the production process will be transformed from the simple process of labor into a scientific process â¦." (1) In this regard it is essential to systematize and evaluate the new factors of economic growth that play a paramount role in the long run.