Question

Economy growth generally means?​

Answer 1

Answer:

In simplest terms, economic growth refers to an increase in aggregate production in an economy. ... Adding capital to the economy tends to increase productivity of labor. Newer, better, and more tools mean that workers can produce more output per time period.

Answer 2

Answer:

In simplest terms, economic growth refers to an increase in aggregate production in an economy. ... Adding capital to the economy tends to increase productivity of labor. Newer, better, and more tools mean that workers can produce more output per time period.