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Question
I am an increase in the production of goods and services in an economy.
Who am I?
I am an increase in the production of goods and services in an economy.
Who am I?
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Solution
The correct option is D Economic growth
An increase in the production of goods and services in an economy is called economic growth. This is because production of more goods and services results in more jobs, more income, and the improvement of the living standard of the people.
An increase in the production of goods and services in an economy is called economic growth. This is because production of more goods and services results in more jobs, more income, and the improvement of the living standard of the people.
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