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Economic growthThe increase over time in the capacity of an economy to produce goods and services and (ideally) to improve the well-being of its citizens.
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Economic growthAn increase in the nation's capacity to produce goods and services. Usually refers to real GDP growth.
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Economic growthAn increase in a region's or nation's production of goods and services.
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Economic growthThe long-run expansion of the economy's ability to produce output. This is one of five economic goals, specifically one of the three macro goals (stability and full employment are the other two). [..]
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Economic growthsteady growth in the productive capacity of the economy (and so a growth of national income) Economic growth is the increase of per capita gross domestic product (GDP) or other measure of aggregate in [..]
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Economic growththe 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 [..]
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Economic growthThe increase in value of goods and services of a country. Often measured by the ‘gross domestic product’ (GDP) as an annual percentage.
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Economic growthDefinition A positive change in the level of production of goods and services by a country over a certain period of time. Nominal growth is defined as economic growth including inflation, while real g [..]
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Economic growthAn increase in real output as measured by real GDP or per capita real GDP.
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Economic growthAn increase in the amount of goods and services produced with the same amount of labor and resources.
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Economic growthA sustained rise over time in a nation's production of goods and services.
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Economic growthEconomic growth means the increase in the capacity of an economy to produce goods and services, compared from one period of time to another. Economic growth can be measured in nominal terms, which inc [..]
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Economic growthThe increase in a country’s output of goods and services, i.e. a larger GNP, during a period of time. When economic growth exceeds population growth, the country's living standards shoul [..]
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Economic growthAn increase in the production capacity of the economy.
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Economic growthThe growth of national income, usually measured by Gross National Product. Education Action Zones Areas which face a range of social problems, such as poverty and unemployment, in which schools are given extra money and teachers to help children overcome difficulties at school arising from their home backgrounds. In 2005, they became Excellence in [..]
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Economic growthIncrease in the level of production of goods and services.
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Economic growthAn increase in the nation’s capacity to produce goods and services.
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Economic growthEconomic growth is the increase in a country's standard of living over time. Growth economists study how living standards differ across ...
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Economic growthThe evolution of economic growth theory throughout the post-war period has been deeply influenced by the effort to explain broad patterns in cross-country ...
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Economic growthThe rate of change in output from one year to the next.
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Economic growthAn increase in the nation's capacity to produce goods and services.
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Economic growthIncrease in the country's domestic product without necessarily implying an improvement in the population's standard of living expressed by employment, capital, trade volume, and domestic con [..]
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Economic growthThrough this process, a country increases its ability to produce goods and services.
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Economic growthEconomic growth is the process of increasing the economy's ability to produce goods and services. It is achieved by increasing the quantity or quality of resources. This process can be illustrate [..]
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Economic growthOur economy achieves economic growth with increases in the quantity or quality of resources. The quantity part is relatively simple. If we get more resources, then we have the ability to produce more [..]
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Economic growthThe long-run expansion of the economy's ability to produce output. This is one of five economic goals, specifically one of the three macro goals (stability and full employment are the other two). [..]
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Economic growthAn increase in the nation's capacity to produce goods and services.
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Economic growthParaphrasing 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 o [..]
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Economic growthAn increase in the nation's capacity to produce goods and services. Usually refers to real GDP growth.
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Economic growthA term that refers to an economy that is increasing in size over time, usually due to increases in both population and per capita resource use. Compare with development.
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