Growth in the economy is defined as an increase in the value of a country's goods and services, leading to increased profits for companies. As a result, stock prices rise.As a result, businesses can invest and hire more workers..
When more jobs are created, revenues rise. Consumers are spending more money on more items and services, which leads to growth. Therefore, all countries strive for positive economic growth. Hence, the most closely monitored economic indicator is economic growth.

Economic growth is the increase in the size of the economy over time. Economic growth means that more goods and services are created, bought, and sold

The definition of economic growth is a rise in per capital income and total output. In order for a country to grow economically, it needs to increase the production of goods and services. A prosperous economy is built from investments in human capital, financial capital, natural resources, and industrialization.

Economic growth is the aim of any country. It refers to a rise in the per capita income, as well as in the total output of the goods and services being produced and sold. This all leads to more prosperity and the country will be doing well.