What is economic growth and how does it create more money?

273 views

What is economic growth and how does it create more money?

In: 1

3 Answers

Anonymous 0 Comments

People produce stuff. Stuff leads to increased living standard, leads to more people producing more stuff.

Technology! Higher stuff production per person. Surplus stuff is traded with other nations, more money.

You are viewing 1 out of 3 answers, click here to view all answers.