Economic Growth - Video

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Economic growth is an increase in the productive capacity of an economy. It is measured by comparing the GDP (total value of goods and services produced in an economy) in one year to GDP in the next. For the A Level course you need to understand what economic growth is, how to calculate it, what causes it, how to draw it and its costs and benefits. This video will give you an overview of the growth topic and what you should know.

 

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