Economic growth

Definition (http://en.wikipedia.org/wiki/Economic_growth)

Economic growth is the increase in the amount of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP. (Wikipedia)

Preferred Units: N/A

Scope Note:
N/A

This term is used for the following terms: 
N/A

Approved Date
19-Jun-2013

Click here to give feedback on this term or suggest an update.