economic growth


economic growth
An increase in the nation's capacity to produce goods and services. Usually refers to real GDP growth. Bloomberg Financial Dictionary

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economic growth economic growth growth

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economic growth UK US noun [U] ECONOMICS
an increase in the economy of a country or an area, especially of the value of goods and services the country or area produces: »

We need to maintain low inflation and at the same time create an environment that is conducive to economic growth.

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The administration wants to promote economic growth and spur more savings and investment.


Financial and business terms. 2012.