economic growth

• Aumento de la producción de bienes y servicios en una economía durante un período determinado, generalmente medido por el crecimiento del producto interno bruto (PIB).

An increase in the production of goods and services in an economy over a specific period, typically measured by the rise in Gross Domestic Product (GDP).

1. Increase in economic outputB2formal

   An increase in the production of goods and services in an economy over a period of time, typically measured by GDP.

   crecimiento económico

   • The country experienced strong economic growth last year.
   • Sustainable economic growth requires investment in technology.
   • High economic growth often leads to lower unemployment rates.

2. Expansion of economic activityB2formal

   A positive change in the level of economic activity, often associated with rising incomes and consumption.

   crecimiento económico

   • Economic growth has slowed down due to global trade tensions.
   • The government introduced policies to stimulate economic growth.
   • Rapid economic growth can sometimes lead to inflation.