Economic growth
id:
economic-growth-174-12510850
title:
Economic growth
text:
Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy in a financial year. Statisticians conventionally measure such growth as the percent rate of increase in the real and nominal gross domestic product (GDP). Growth is usually calculated in real terms – i.e., inflation-adjusted terms – to eliminate the distorting effect of inflation on the prices of goods produced. Measurement of economic growth uses
brand slug:
wiki
category slug:
encyclopedia
description:
Measure of increase in market value of goods
original url:
https://en.wikipedia.org/wiki/Economic_growth
date created:
2002-08-08T16:09:13Z
date modified:
2024-09-02T23:16:37Z
main entity:
{"identifier":"Q189833","url":"https://www.wikidata.org/entity/Q189833"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/4/45/Gdp_accumulated_change.png","width":1100,"height":614}
fields total:
13
integrity:
16