What is economic growth?

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

Answered by Funsho A. Economics tutor

1804 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

To what extent can financial regulation correct financial market failure?


What is the demand curve?


What are the possible effects of a decrease in the interest rate set by the central bank?


Why is a firm's average revenue equal to their marginal revenue in perfect competition?


We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2025

Terms & Conditions|Privacy Policy
Cookie Preferences