Answer:
Economic growth
Step-by-step explanation:
An outward shift of the production possibilities curve brought about by increasing resources or technological advances is known as ECONOMIC growth.
Economic growth can be defined in two ways:
1. It is defined as a rise in the production that an economy produces over some time, that is at least 3 months interval
2. It is defined as an increase in the production level of an economy using all its scarce resources including increment in technology level, labor resources, capital level, entrepreneurship, etc., which is then depicted by an outward shift in the economy’s production possibility curve.