Economic growth is an increase in real GDP. It means an increase in the value of goods and services produced in an economy. The rate of economic growth measures the annual percentage increase in real GDP. There are several factors affecting economic growth, but it is helpful to split them up into:
Demand side factors
Supply side factors
make up the economy, we start our study of economics with four principles of in- dividual .... hours a day, but whether to spend an extra hour reviewing your notes instead of .just a year.