Economic growth is the process by which a nation improves the economic, political, and social well-being of its people.

Name: Economic growth is the process by which a nation improves the economic, political, and social well-being of its people.
Brand: Quizplus
Rating: 4.8 (46 reviews)

Question

Quizplus · Accepted Answer

Economic growth specifically refers to an increase in the economic output and income of a country, typically measured by Gross Domestic Product (GDP), and does not directly encompass improvements in political and social well-being.

Economic Growth Is the Process by Which a Nation Improves