Economic Growth
/ɪˌkɒnəˈmɪk ɡroʊθ/
Definitions
- (n.) The increase in the inflation-adjusted market value of the goods and services produced by an economy over time, often considered in legal contexts related to economic policy, regulatory impact, or sustainable development.
The government's new regulations aim to foster economic growth while ensuring environmental protection.
Forms
- economic growth
Related terms
See also
Commentary
In legal contexts, economic growth is often analyzed concerning regulation, policy-making, and sustainability considerations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.