Question

21.What refers to utilization of country's resources in order to promote economic growth​

Answer 1

In simplest terms, economic growth refers to an increase in aggregate production is an "Economy". Often, but not necessarily, aggregate gains in production correlate with increased average "Margial Productivity". That leads to an increase in "Incomes" inspiring consumers to open their wallets and buy more, which means a higher material "Quality Of Life" or standard of living.

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