Lantongzoeyviz
Answered

1. For you what is economic growth?​

Sagot :

Sherlynlinogon13viz

Answer:

  • Economic growth is an increase in the production of goods and services in an economy.
  • Increases in capital goods, labor force, technology, and human capital can all contribute to economic growth.
  • Economic growth is commonly measured in terms of the increase in aggregated market value of additional goods and services produced, using estimates such as GDP.

Explanation:

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OUCHYviz

Answer:

Economic growth is a broad term that describes the process of increasing a country’s real gross domestic product (GDP). The growth can be measured as an expansion of real GDP or gross national product (GNP) over a given period.

Explanation:

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