what does economic growth mean? ex please
can increase gasoline prices be considered economic growth?
Economy is the way money and goods are exchanged throughout countries and such. It also refers to the market and sales. So yes, gas prices can be considered a huge part of the economy.
When people are spending more money for goods and not so goods that is economic growth . Increased gas prices is not E growth it's just greed from the oil companies and government
development of the economy...increase in the level of income of the nation. Per-capital income of the people starts to increase here when there is economic growth.