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3 votes
______ is a situation in which the economy produces more goods and services than it did the year before.

A. Economic Productivity
B. Economic Growth
C. Recession
D. Trough

2 Answers

4 votes

Answer: B

Explanation: B) Economic growth is when the economy produces more goods and services than it did the year before. Economic growth is typically measured in terms of the gross domestic product (GDP), the total value of all goods and services produced in a country in a given year. Economic growth can be driven by increased investment, productivity gains, technological advancements, and increased consumer spending. While economic growth can provide benefits such as increased employment, higher incomes, and improved standard of living, it can also have negative consequences such as increased inequality, environmental degradation, and resource depletion if it is not sustainable and well-managed.

User Skyleguy
by
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5 votes
I would go with b but I'm not sure
User Cyberixae
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