What is economic growth?

Economic growth is an increase in the production of good and services in an economy over time. 

FA
Answered by Funsho A. Economics tutor

1994 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

Explain why, in theory, a perfectly contestable market results in an efficient allocation of resources


What is the effect on the UK current account balance following an appreciation of the Sterling?


What is a budget deficit?


What is the basic Economic problem, and how does Economics as a discipline approach this?


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

MyTutor is part of the IXL family of brands:

© 2025 by IXL Learning