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24 May, 07:30

What is the definition of economic growth

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Answers (2)
  1. 24 May, 07:48
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    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.
  2. 24 May, 07:51
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    Economic growth

    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
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