economic growth

English - Turkish

Definition of economic growth in English Turkish dictionary: iktisadi büyüme; (Askeri) ekonomik olarak büyüme; ekonomik kalkınma; ekonomik büyüme; (Politika, Siyaset) ekonomik gelişme
to oppose economic growth: ekonomik büyüme karşıtları
neutral economic growth: (Ticaret) yansız ekonomik büyüme
neutral economic growth: (Ticaret) sapmasız ekonomik büyüme

English - English

Definition of economic growth in English English dictionary: The growth of the economic output of a country
As a result of inward investment Eire enjoyed substantial economic growth.; The rate of increase in "real," i e , inflation-adjusted, national income or national product between one time period and another If all resources in the economy (labor, capital and land) are fully employed, the economy can grow no faster than the growth in these resources, as augmented by productivity gains If, on the other hand, resources are not fully employed (for example, because workers are unemployed), there is no constraint on the economy's growth rate until full employment has been achieved; steady growth in the productive capacity of the economy (and so a growth of national income); Increase in the actual value of all final goods and services produced by an economy; - the change in the level of economic activity from one year to another; A sustained increase in total output or output per person for an economy over a long period of time [FACS] An increase in the nation's capacity to produce goods and services [FRBSF] (see also economics); Steady and stable increase in the productive capacity of a nation's economy to increase national income; The rate of change in output from one year to the next; Increased financial activity in real terms over time It may include building infrastructure, resources, and public relations It does not necessarily correspond to increased production of physical goods; An increase in the total wealth of a nation; if population grows faster than the economy, there may be real economic growth, but the share per person may decline; An increase in the nation's capacity to produce goods and services; The increase in real value of the economy's production of goods and services Most often expressed as Gross National Product, (GNP) or Gross Domestic Product, (GDP); An upward trend in the real output of goods and services; is more economic activity, but that does not always mean that the activity is sustainable Economic growth can occur with less economic activity; an upward trend in real GDP, reflecting expansion in the economy over time; it can be represented as an outward shift in the production possibilities curve (chapter 2); an increase in per capita income, resulting from the increased production of goods and services; The process of increasing per capita income; increase of the economic resources of a country or community; Process by which a nation's wealth increases over time. The most widely used measure of economic growth is the real rate of growth in a country's total output of goods and services (gauged by the gross domestic product adjusted for inflation, or "real GDP"). Other measures (e.g., national income per capita, consumption per capita) are also used. The rate of economic growth is influenced by natural resources, human resources, capital resources, and technological development in the economy along with institutional structure and stability. Other factors include the level of world economic activity and the terms of trade. See also economic development; 1 An increase in the production of goods and services Economic growth is usually measured as the increase in gross domestic product over a specified period of time, after adjusting for inflation 2 An increase in the capacity of an economy to produce due to more and/or better use of economic resources; - quantitative measure of the change in size/volume of economic activity, usually calculated in terms of gross national product (GNP)