5 Questions
What does economic growth mean in simplest terms?
Increase in availability of resources for more people
According to the United Nations University World Institute for Development Economics Research, what is the basis for reducing poverty and increasing access to public goods?
Strong economic growth
How is economic growth used to fuel social progress?
By generating more resources for more people
What can sustain economic growth according to the text?
Benefits flowing to a broad group of people
How is economic growth defined?
Increase in inflation-adjusted market value of goods and services
Test your knowledge on economic growth and its measurement in this insightful quiz. Explore the key concepts and factors that contribute to economic growth, and understand how it is linked to social progress.
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