economic growth — An increase in the amount of goods and services produced per head of the population over a period of time
Part of speech: NOUN
Definition: An increase in the amount of goods and services produced per head of the population over a period of time
Pronunciation (IPA): /ˌiːkəˈnɑːmɪk ɡroʊθ/
Example Sentences
- The pizza restaurant's economic growth was so impressive that they opened 50 branches in one year!
- Economic growth requires investment in education and infrastructure.
- My wallet's economic growth is unfortunately negative this month.
economic growth
NOUN[/ˌiːkəˈnɑːmɪk ɡroʊθ/]
An increase in the amount of goods and services produced per head of the population over a period of time
The city's economic growth is obvious — new buildings rise where empty lots once stood.
Both leaders take an oath for economic growth!
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🎤Pronunciation
🌳Etymology
Origin
Economic derives from Greek oikonomikos (household management), combining oikos (house) and nomos (law/management). Growth comes from Old English grōwan (to grow, increase). Together, the term describes the expansion of a nation's wealth and productive capacity, conceptualized as the enlargement of a household's resources on a macroeconomic scale.
Breakdown
Economic: oiko- (house) + -nomos (law, management) + -ic (adjective suffix). Growth: grō- (to grow) + -th (abstract noun suffix indicating a process or state).
🎵Rhyme
🔗Collocations
📝Examples
“The pizza restaurant's economic growth was so impressive that they opened 50 branches in one year!”
“Economic growth requires investment in education and infrastructure.”
“My wallet's economic growth is unfortunately negative this month.”
“The government announced new policies to stimulate economic growth.”
📚Related Words
Synonyms
Antonyms
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