Business Dictionary
Economic Growth
A-B C-D E-G H-K L-N O-P R-S T-W
Economic Growth is the increase of production of all kind of goods ( products - such as vehicles, food, clothes, etc... ) as well as services ( such as hotels, hospitals, lawyers, consulting, etc. ).
Economic growth is expressed through the increase of per capita gross domestic product (GDP). Economic growth is measured in quantity of goods and services produced.
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