economic growth
Economic growth refers to an increase in the production of goods and services in an economy over a specific period, typically resulting in higher incomes, improved living standards, and greater economic prosperity.
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Related Concepts (38)
- aggregate demand
- budget deficit
- budget deficits
- budget surplus
- business cycle
- capital gains tax reforms
- countercyclical fiscal policy
- debt-to-gdp ratio
- deficit financing
- deflationary policies
- demand-side economics
- disposable income
- economic cycles and synchronization
- economic expansion
- economic impact
- economic instrumental power
- economic stability
- economic stabilization
- economic stimulus
- economic values
- exponential growth
- fallacy of composition in economics
- fiscal stimulus
- industrial revolution
- inflation and fiscal sustainability
- inflation targeting
- inflationary policies
- inflationary pressure
- interest rate cuts
- job creation
- long-term implications
- macroeconomic policy
- macroeconomic stability
- multiplier effect
- progressive tax system
- tax cuts
- unemployment rate
- value stability
Similar Concepts
- business growth
- economic advancement
- economic development
- economic growth and development
- economic growth and fiscal stability
- economic growth and interest rates
- economic growth at the local level
- economic productivity
- economic recovery
- economic trends
- energy consumption and economic growth
- gdp growth
- national income growth
- periods of economic growth
- population growth