Economic growth is a measure of the increased value of the goods and services produced by an economy over time. It is usually measured through real GDP, which is the inflation-adjusted value of all the goods and services produced by an economy in a given period. It is important to note that economic growth may not always be beneficial, especially if it is achieved via unsustainable practices such as overconsumption of natural resources or financial speculation. Real economic growth is desirable if it helps to improve the quality of life of its citizens, otherwise the growth may be unsustainable and ultimately unsustainable.

See also: economic system, exponential growth, population growth, renewable energy, income inequality