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Which of the following are characteristics of economic growth?
a decrease in the population growth rate
an increase in the number of goods produced
a decline in export and import trade relations
the creation of employment opportunities

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3 votes

Answer: b and d

Explanation: plato

User James Yang
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Answer:

an increase in the number of goods produced

the creation of employment opportunities

Step-by-step explanation:

The GDP value communicates the rate of economic growth in a country. An increase in GDP shows the economy is growing. The GDP value is calculated by adding all the values of new goods and services produced within the country. An increase in the value of products and services produced results in an increase in GDP, indicating economic growth.

When businesses need to offer more goods and services, they require to hire additional workers to be engaged in production activities. Economic growth means more job opportunities are created.

User Ricardo Costeira
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