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Financial Dictionary

Financial Dictionary - definitons of investment, economic and financial terms

Atlantic Financial


Atlantic Financial


Investment Word

Economic Growth

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Economic growth is an increase in the capacity of an economy to produce goods and services, compared from one period of time to another. Economic growth can be measured in nominal terms, which include inflation, or in real terms (which are adjusted for inflation).

For comparing one country's economic growth to another, GDP or GNP per capita should be used as these take into account population differences between countries.

economic growth - definition

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