What is the definition of Economic growth?
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An increase in the amount of goods and services produced per head of the population over a period of time
The definition of Economic growth include option an increase in the amount of goods and services produced per head of the population over a period of time within the borders limit.
The economic growth of a country means that the GDP per capita increases continuously.The average growth rate measures the increase in real GDP over a period of time.
If a nation starts to produce more goods, and has where to sell those goods, that automatically, the nation is making bigger profit by having and influx of money in its economy.
The same goes for the services, if they are increasing and their quality is becoming better (which is a huge factor for the increase), more and more money will flow into this sector, thus giving it a big economic injection for the nation.
Therefore, correct option is C.
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