International Journal of Business and Management; Vol. 8, No. 12; 2013 ISSN 1833-3850 E-ISSN 1833-8119 Published by Canadian Center of Science and Education Intensive Economic Growth in Jordan during 1978-2010 Shatha Abdul-Khaliq1, Thikraiat Soufan1 & Ruba Abu Shihab2 1 Al Zaytoonah Private University of Jordan, Jordan 2 AlBlqa Applied University, Jordan Correspondence: Shatha Abdul-Khaliq, Al Zaytoonah Private University of Jordan, Jordan. E-mail:
[email protected] Received: March 12, 2013 Accepted: May 2, 2013 Online Published: May 24, 2013 doi:10.5539/ijbm.v8n12p143 URL: http://dx.doi.org/10.5539/ijbm.v8n12p143 Abstract The research aims to study the economic growth in Jordan using the Solow model during the period 1978-2010, it was found that the rate of economic growth depends on the intensive growth which reflects on intangible aspects that does not reflect changes visible in the accumulation of factors of production rather than the expanded growth through increasing the capital and labor. Keywords: economic growth, human capital, GDP, Solow mode, intensive growth, expanded growth 1. Introduction 1.1 Explore the Importance The economist Alfred Marshall confirmed that the importance of investing is in human capital as a national investment, noting that the best types of capital value is capital that invests in the human, as the key to the progress of nations and people, it is through the development of human resources, which shift wealth from just amounts to quality and creative energies and technology with a variety of contributions effective in achieving the desired progress. Examples of the impact of investment in human capital in the progress and economic and social growth is multiple, and Human capital is the element that gives people the ability to achieve their incomes which can be increased through education and training, health care and economists see that the accumulation of human capital and physical is important in condition for economic growth.