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Sagot :
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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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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