An 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 include inflation, or in real terms, which are adjusted for inflation. For comparing one country’s economic growth to another, GDP or GNP per capita should be used as these take into account population differences between countries.
Economic growth basically refers to the increase in total gdp n gnp of our country….there are lots of factors which are responsible for the economic growth of a country…such as efficiency of the workers…good working conditions…cooperating nature of the employer wid other workers…incentives given to the workers…making use of best of the latest technologies n innovations….and so on…
Prabhakaran D
An 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 include inflation, or in real terms, which are adjusted for inflation. For comparing one country’s economic growth to another, GDP or GNP per capita should be used as these take into account population differences between countries.
Anbu
its depend country growth with out economic statues we can’t do any think
Economic growth of the country depend upon the import and export of the nation and share market level.
Economic growth of the country depend upon the import and export of the nation and share market level.
Economic growth basically refers to the increase in total gdp n gnp of our country….there are lots of factors which are responsible for the economic growth of a country…such as efficiency of the workers…good working conditions…cooperating nature of the employer wid other workers…incentives given to the workers…making use of best of the latest technologies n innovations….and so on…