Question

what is the meaning of economic growth ​

Answer 1

Answer:

An increase in the amount of goods and services produced per head of the population over a period of time.

Answer 2

➣ AnSwer :-

⟶ Economic growth :-

• Economic growth is an increase in the production of economic goods and services, compared from one period of time to another.
• Traditionally, aggregate economic growth is measured in terms of gross national product (GNP) or gross domestic product (GDP), although alternative metrics are sometimes used.