Question

Identify the term with the help of the information given below.

Process whereby the national income rises and the per capita income of the country rises

and along with this, the number of people living in poverty falls down and more

employment opportunities are created and the general standard of living improves.​

Answer 1

Economic Growth

Explanation:

Economic Growth is the term identified that means:

1. The rise  in the number of  every goods and services which is  produced at the per head  population at a time.
2. It is the only process when the wealth increase time by time.
3. It is caused by 2 factors :

• Rise in aggregate demand
• Rise in aggregate supply

   4.   Rise in real GDP.

    5. Rise in national income and national output.                  

Answer 2

Answer:

I don't now that's why i asking you

Explanation: