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

2270 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

Explain the factors which might determine the natural rate of unemployment (15 marks)


Explain what is meant when it is said that there are inefficiencies in the production of goods and the allocation of resources.


What is meant by absolute poverty and analyse how access to clean water, or another essential item, is closely linked to production, income and wealth, within countries and between countries.


To what extent do the main macroeconomic objectives conflict?


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:

© 2026 by IXL Learning