Economic growth is usually associated with technological changes. An example is the large growth in the U.S. economy during the introduction of the Internet and the technology that it brought to U.S. industry as a whole. The growth of an economy is thought of not only as an increase in productive capacity but also as an improvement in the quality of life to the people of that economy.
Investment dictionary. Academic. 2012.
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Economic growth — economic growth … Dictionary of sociology
Economic growth — GDP real growth rates, 1990–1998 and 1990–2006, in selected countries … Wikipedia
economic growth — Process by which a nation s wealth increases over time. The most widely used measure of economic growth is the real rate of growth in a country s total output of goods and services (gauged by the gross domestic product adjusted for inflation, or… … Universalium
economic growth — An increase in the nation s capacity to produce goods and services. Usually refers to real GDP growth. Bloomberg Financial Dictionary * * * economic growth economic growth ➔ growth * * * economic growth UK US noun [U] ECONOMICS ► an increase in… … Financial and business terms
economic growth — The growth of national income, or the output of goods and services per head of population, with output conventionally measured by the Gross National Product (GNP). The alternative term economic development is often used in relation to Third World … Dictionary of sociology
economic growth — noun The growth of the economic output of a country. As a result of inward investment Eire enjoyed substantial economic growth. Ant: negative growth … Wiktionary
economic growth — The expansion of the output of an economy, usually expressed in terms of the increase of national income. Nations experience different rates of economic growth mainly because of differences in population growth, investment, and technical progress … Big dictionary of business and management
economic growth — noun steady growth in the productive capacity of the economy (and so a growth of national income) • Hypernyms: ↑economic process … Useful english dictionary
economic growth — the growth of gross national product over time. Calculation is highly complex and does not necessarily relate to improvements in the economic experience of the general population as great disparities of wealth can occur with the bulk of the… … Geography glossary
economic growth — increase of the economic resources of a country or community … English contemporary dictionary