what is another word or term for economic growth 
other words and terms for economic growth include boom prosperity economic development economic upswing economic upsurge industrial development and buoyancy of the economy the bottom lineeconomic growth occurs when there is a rise in the production of goods and services for a certain period as compared with a previous one it is generally measured in terms of gdp and is an indicator of the economic health of a country however how widely the fruits of the growth are shared is an important factor in its sustenance not to mention societal health and progress 