Economic growth

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What Wikipedia says

In economics, economic growth is an increase in the quantity and quality of the economic goods and services that a society produces. It can be measured as the increase in the inflation-adjusted output of an economy in a given year or over a period of time. It focuses on the economic activities of a country.

Excerpt from the Wikipedia article “Economic growth”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Kloudová J., Chwaszcz O. // Tomas Bata University in Zlín (CZE), CC0, via Wikimedia Commons.