why does economic growth matter 
in the simplest terms economic growth means that more will be available to more people which is why governments try to generate it however it s not just about money goods and services politics also enter into the equation how economic growth is used to fuel social progress matters according to research conducted by the united nations university world institute for development economics research most countries that have shown success in reducing poverty and increasing access to public goods have based that progress on strong economic growth however the institute noted that if the benefits flow only to an elite group the growth will not be sustained 5