Skip to main content

Economic Growth

  • Chapter
Work Out Economics GCSE

Part of the book series: Macmillan Work Out Series ((MCWO))

  • 28 Accesses

Abstract

Economic growth refers to an increase in a country’s ability to produce goods and services. The advantage of economic growth is that an increase in real national income allows more goods for consumption.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Authors

Copyright information

© 1987 R. Young

About this chapter

Cite this chapter

Young, R. (1987). Economic Growth. In: Work Out Economics GCSE. Macmillan Work Out Series. Palgrave, London. https://doi.org/10.1007/978-1-349-09348-9_20

Download citation

Publish with us

Policies and ethics