<em><u>Economic growth refers to the upward trend in the economy of a country or a state. It is the increase in the country's produce, that is goods and services over a period of time.</u></em>
<em><u>Economic growth is marked by the creation of more profit for business, thus the price of stock or goods increases. As a result the rate of employment increases as the companies have more capital to invest and employ more people.</u></em>
As the rate of employment increases, the level of income also increases which means the <em><u>consumers will have more money to spend on buying more goods and services.</u></em>
