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Economic Growth

noun

/ˌiː.kəˈnɒm.ɪk ɡrəʊθ/

Meaning

The increase in the production of goods and services in an economy over time, measured by the expansion of economic output, income, and investment.

The country's economic growth has been remarkable over the past decade.

expansion, development, progress

recession, decline, stagnation

a medicine or remedy, especially one that is not considered effective; a questionable solution

the action of protecting or being protected from harm or danger

A state in which opposing forces or influences are balanced.

The ability to produce a desired or intended result; effectiveness.

a thing added to something else as a supplementary part

Fluent and persuasive speaking or writing; the ability to speak beautifully and effectively.