Home > Terms > English, UK (UE) > Economic growth

Economic growth

The increase in a nation's production of goods and services, often measured annually in the Gross National Product (GNP) and the Gross Domestic Product (GDP). For example, from 1947 to 2010, the average quarterly U.S. GDP growth rate was 3.31 percent. The record growth was 17.2 percent in March 1950.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Katrin Talan
  • 0

    Terms

  • 0

    Blossaries

  • 0

    Followers

Industry/Domain: Fruits & vegetables Category: Fruits

Cucumber

A long, green, cylinder-shaped member of the gourd family with edible seeds surrounded by mild, crisp flesh. Used for making pickles and usually eaten ...

Contributor

Featured blossaries

HR

Category: Business   2 9 Terms

Aging

Category: Health   1 12 Terms