The growth of a business from its start through its peak. Economic growth can best be defined as an increase in. Pros And Cons Of An Increase In Economic Growth Economics Help C percentage increase in consumption expenditures over time. . B increase in investment as a percentage of GDP over time. Although the term is often used in discussions of short-term economic performance in the context of economic theory it generally refers to an increase in wealth over an extended period. Economic growth means an increase in real GDP which means an increase in the value of national outputnational expenditure. The value of all goods and services produced in a year. A the amount of intermediate goods produced in a country in a given year b the value of economic activity by all US. The average annual rate at which the gross revenue of all commercial organizations grows. Because savings and investment add to. See the an...