asked 119k views
5 votes
What is the definition of economic growth

asked
User Sunius
by
8.7k points

2 Answers

5 votes

Hello there,

Economic growth is the increase in the capacity of goods and services produced. In other words, the economic growth of a country means that the GDP per capita increases continuously. ... The average growth rate measures the increase in real GDP over a period of time.

Achievements.

7 votes

Answer:

Economic growth

Step-by-step explanation:

an increase in the amount of goods and services produced per head of the population over a period of time.

"he believes that creativity holds the key to economic growth

answered
User Shadfc
by
9.1k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.