how does the economic growth help in comparison
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ѕímplч, mσrє єcσnσmíc grσwth mєαnѕ thαt pєσplє αrє αвlє tσ вuч mσrє σf thє thíngѕ thєч líkє. prєѕumαвlч, thíѕ trαnѕlαtєѕ íntσ híghєr σvєrαll utílítч. σn α ѕσcíєtαl lєvєl, íncrєαѕєѕ ín gdp grσwth αnd σvєrαll prσductívítч gєnєrαtєѕ hígh prσѕpєctívє tαх rєvєnuєѕ, вσth σn вuѕínєѕѕ prσfítѕ αnd cσnѕumєr purchαѕєѕ.
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More economic growth means that people are able to buy more of the things they like. .
Presumably, this translates into higher overall utility. On a societal level, increases in GDP growth and overall productivity generates high prospective tax revenues, both on business profits and consumer purchases
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