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

1970 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

What is a negative externality and how can it be corrected?


Explain the law of supply and demand and why it is important.


Evaluate the benefits of using fiscal policy to stimulate economic growth


What are Economies of Scale?


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