Question

what is the meaning of economic growth?? ​

Answer 1

Answer:

Economic growth can be defined as the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. Statisticians conventionally measure such growth as the percent rate of increase in real gross domestic product, or real GDP.

Explanation:

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Answer 2

Explanation:

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.