Economic growth takes place when a country

1produces a steady number of automobiles.
2has a high unemployment rate.
3measures its gross domestic product (GDP).
4produces more goods and services.

Respuesta :

Answer:

Produces more goods and services

Explanation:

If there is more goods and services produced, that means there is more goods/services consumed which means that people are spending more.

If people are spending more, then that is good for the economy and will result in economic growth.

Economic growth takes place when a country D. produces more goods and services.

What is the economic growth of a country?

Economic growth can be described because of the growth or development within the inflation-adjusted market fee of the goods and offerings produced via a financial system over a positive time frame. Statisticians conventionally measure such a boom because of the percentage rate of increase in the real gross domestic product, or real GDP.

What is the economic growth instance?

Definitions and Examples of economic boom

Economic growth is the growth in the price of an economy's items and services, which creates more income for businesses. As a result, stock expenses upward push. That offers organizations capital to make investments and lease extra personnel. As greater jobs are created, earnings rise.

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