A dependable legal system, property rights, and competitive and open markets are helping foster the appropriate incentives for economic growth.
Economic growth is defined by the economic activity of the nation, how much is it producing, as well as the quality of the production, of both goods and services within its borders.
Economic growth is an increase in the production of products and services in a financial system. increases in capital items, hard work pressure, technology, and human capital can all make contributions to economic increase.
two main sources of economic growth: growth in the size of the workforce and growth in the productivity (output per hour worked) of that workforce.
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