economic growth
Rising national output
Economic growth is the increase in a country's production of goods and services over time, typically measured by gross domestic product (GDP).
Economists debate whether growth should be pursued indefinitely or whether it conflicts with environmental sustainability.
The region experienced steady economic growth for a decade.
Growth often serves as shorthand for broader prosperity, though it doesn't necessarily reflect how wealth is distributed.
Abundance of money
- wealthAbundance of valuable resources
- boomingExperiencing rapid growth
- thrivingSucceeding vigorously
- expansionIncrease in scope
upturn · profitability · abundance · flourishing · golden age · boomtown · middle class · living standards
National output abbreviation
- GNPNational economic output
- per capitaFor each individual
- nominalIn designation only
- realTruly existing, not fake
quarterly · annual · output · productivity · indicator · trend · forecasting · national income
Transition to factory-based economy
- urbanizationPopulation shift toward cities
- modernizationAdoption of current methods
- infrastructureBasic physical systems
- diversificationExpanding into varied areas
technological advancement · innovation · entrepreneurship · automation · efficiency · commercialization · emerging markets · human capital
Central bank economic controls
- fiscal stimulusGovernment spending to boost economy
- interest ratesPrice paid for borrowing
- central bankNational currency management institution
- quantitative easingAsset purchases to boost economy
taxation · deregulation · trade policy · subsidy · tariff · austerity · deficit spending · supply-side
Wealth used for investment
- equityImpartial treatment or ownership value
- venture capitalStartup growth financing
- fundingSupplying monetary resources
- securitiesTradeable financial assets
private equity · ROI · yield · portfolio · infrastructure spending · reinvestment · inflows · outflows
Prolonged economic decline
- slowdownReduction in pace
- contractionReduction in size
- declineDecrease or refuse
- stagflationStagnant growth meets inflation
deflation · depression · downturn · flat · sluggish · plateauing · underperformance · structural unemployment
Self-replenishing natural power
- sustainable developmentMeeting needs without exhausting resources
- decouplingRemoval of interdependence
- carbon-neutralNet-zero emissions state
- clean technologyEnvironmentally conscious industrial solutions
energy efficiency · ESG · degrowth · steady-state · long-term · resilience · low-carbon
affluence
Abundance of money
expansion · upturn · profitability · abundance · flourishing · golden age · boomtown · middle class · living standards · consumer spending
GDP
National output abbreviation
- GNPNational economic output
- per capitaFor each individual
- nominalIn designation only
real · quarterly · annual · output · productivity · indicator · trend · forecasting · national income · aggregate
industrialization
Transition to factory-based economy
- urbanizationPopulation shift toward cities
- modernizationAdoption of current methods
- infrastructureBasic physical systems
diversification · technological advancement · innovation · entrepreneurship · automation · efficiency · commercialization · emerging markets · human capital · manufacturing
monetary policy
Central bank economic controls
- fiscal stimulusGovernment spending to boost economy
- interest ratesPrice paid for borrowing
- central bankNational currency management institution
quantitative easing · taxation · deregulation · trade policy · subsidy · tariff · austerity · deficit spending · supply-side · demand-side
capital
Wealth used for investment
- equityImpartial treatment or ownership value
- venture capitalStartup growth financing
- fundingSupplying monetary resources
securities · private equity · ROI · yield · portfolio · infrastructure spending · reinvestment · inflows · outflows · credit
recession
Prolonged economic decline
- slowdownReduction in pace
- contractionReduction in size
- declineDecrease or refuse
stagflation · deflation · depression · downturn · flat · sluggish · plateauing · underperformance · structural unemployment · austerity
renewable energy
Self-replenishing natural power
- sustainable developmentMeeting needs without exhausting resources
- decouplingRemoval of interdependence
- carbon-neutralNet-zero emissions state
clean technology · energy efficiency · ESG · degrowth · steady-state · long-term · resilience · low-carbon
- Types of Expansionurban sprawl, empire building, colonization, annexation, market expansion
- Korea 1990sdemocratization, chaebol, Hyundai, Samsung, presidential elections
- Modern KoreaSouth Korea, Seoul, North Korea, Korean Wave, Hallyu
- Chilean Economypeso, copper mining, GDP, mining sector, lithium mining
- development economicspoverty reduction, human capital, structural change, emerging markets, import substitution
- growthgrow, growing, increase, increasing, expansion
economic growtheconomic contraction
Decline in monetary activity
recession · economic decline · negative growth · economic shrinkage · depression
economic growtheconomic stagnation
Persistent lack of growth
stagnation · zero growth · stasis · economic malaise · stagflation
economic growthdegrowth
Intentional economic contraction movement
economic sustainability · sustainable development · circular economy
growth, economy, economic, economical, economics, economize, economist, economizing, economists