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economic growth

economic growth

176 2.9
An increase in the goods and services a country makes over time
  • noun
  • /ˌiːkəˈnɑːmɪk ɡroʊθ/
translation icon : crecimiento económico
  • After implementing new policies, the government hopes to stimulate economic growth in the region.
  • economic growth rate
  • boost economic growth
  • promote economic growth

So how did the US once managed to have economic growth with equity?

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Examples

  • The country's economic growth has led to higher living standards for its citizens.

  • After the Great Depression the United States had 40 years of economic growth without a single financial crisis.

  • But then we look at the massive economic growth in a place like China.

  • For several years, the United States was the only engine of economic growth in the world economy.

    Academic text (1990)
  • Its economic growth has been dramatic.

  • A future of economic growth, freedom, and happiness.

  • We have to make America the leader by promoting economic growth and business.

    Fiction book (2000)
  • So here's to good jobs, economic growth and tax revenue for years to come.

  • Competitive markets and private investment remain the engines of economic growth and wealth allocation.

    Academic text (1999)
  • It was a time of economic growth and intellectual innovation.

Antonyms

recession
  • Specialized
858 4.6

A period when a country's business activity and jobs go down

439 3.9

A gradual loss in amount, quality, or value

How Much

boom
214 2.8
economic growth
176 2.9
stagnation
19 6.8

Surface Forms

Morphology

economic + growth

The meaning is directly compositional: 'economic' (relating to the economy) + 'growth' (an increase) yields 'an increase in economic activity or output.' This adjective+noun construction follows standard semantic composition and is cross-linguistically common, so a B1 learner who knows both constituents will readily infer the MWE meaning.

Etymology

The phrase economic growth creates a simple picture: imagine a garden where trees give more fruit each year—growth means getting bigger and economic refers to a country's goods and money. So, economic growth means 'an increase in the goods and services a country makes and the money it earns'.