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Economic growth

Economic growth logo #10101) Economic development
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Economic growth

Economic growth logo #21000 Economic growth is the increase in the market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP. Of more importance is the growth of the ratio of GDP to population (GDP per capita), which is also called per capita income. An in...
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Economic growth

Economic growth logo #21015The increase over time in the capacity of an economy to produce goods and services and (ideally) to improve the well-being of its citizens.
Found on http://www-personal.umich.edu/~alandear/glossary/e.html

economic growth

economic growth logo #21003the process by which a nation`s wealth increases over time. Although the term is often used in discussions of short-term economic performance, in the ... [30 related articles]
Found on http://www.britannica.com/eb/a-z/e/9

Economic growth

Economic growth logo #21012An increase in the nation`s capacity to produce goods and services. Usually refers to real GDP growth.
Found on http://www.duke.edu/~charvey/Classes/wpg/bfglose.htm

economic growth

economic growth logo #21011Paraphrasing directly from Mokyr, 1990: Economic growth has four basic causes: 1) Investment, meaning increases in the capital stock (Solovian growth) 2) Increases in trade (Smithian growth) 3) Size or scale effects, e.g. by overcoming fixed costs, or achieving specialization 4) Increases in knowledge, most of which is called technological progress...
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Economic growth

Economic growth logo #20140Typically refers to an increase in a country's output of goods and services. It is usually measured by changes in real GDP
Found on http://www.encyclo.co.uk/local/20140

Economic Growth

Economic Growth logo #20414Typically refers to an increase in a country's output of goods and services. It is usually measured by changes in real GDP.
Found on http://www.encyclo.co.uk/local/20414

Economic growth

Economic growth logo #20571the growth in wealth of a nation. This is measured by an increase in the total value of goods produced by a country in a year (GDP), or by the amount of money made by the population (national income). An economy can grow without benefiting everyone in it. In the 1970s Brazil's economy grew at rates of around 10%, but at the end of that time the gap...
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economic growth

economic growth logo #20688Rate of growth of output of all goods and services in an economy, usually measured as the percentage increase in gross domestic product or gross national product from one year to the next. It is...
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Economic Growth

Economic Growth logo #22643An increase in a region's or nation's production of goods and services
Found on http://www.encyclo.co.uk/local/22643

Economic growth

Economic growth logo #20671An increase in the level of production of goods and services by a country over a certain period of... <a target=_blank href='http://www.finance-glossary.com/terms/economic-growth.htm?id=12811&ginPtrCode=00000&PopupMode=false' title='Read full definition of economic growth'>more</a>
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economic growth

economic growth logo #20400[n] - steady growth in the productive capacity of the economy (and so a growth of national income)
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Economic growth

Economic growth logo #20855The change over a period of time in the value (monetary and non-monetary) of goods and services and the ability and capacity to produce goods and services. It is economic growth which generates the wealth necessary to provide social services, health care, and education. It is the basis for ongoing job creation. However, sustainable development requ...
Found on https://www.encyclo.co.uk/local/20855

economic growth

economic growth logo #20974 noun steady growth in the productive capacity of the economy (and so a growth of national income)
Found on https://www.encyclo.co.uk/local/20974
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