eli5 How Do economies keep growing

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how do big companies like apple and others keep growing?
would they be a bad company if they didnt grow, their eco would be stable (they dont grow nor lose money)
does companies continuous growing mean people are continuously going poorer

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3 Answers

Anonymous 0 Comments

There are a number of reasons why economies continue to grow. One is that people are always finding new and better ways to produce goods and services. This means that they can produce more with the same amount of resources, or the same amount with fewer resources. As a result, there are more goods and services available for people to consume, and the economy grows.
Another reason why economies grow is that population growth provides a boost to demand. More people means more consumers, and this increased demand can spur businesses to produce more goods and services. This, in turn, leads to further economic growth.
Ultimately, economies grow because people are constantly finding new ways to be productive, and population growth provides a boost to demand. As long as these two factors continue, economies will continue to grow.

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