---
title: Economic Growth
description: Economic growth is a term used to describe an increase in the production of economic goods and services over time.
---

[Realized 1031 Glossary of Terms ](https://www.realized1031.com/glossary)

# [Economic Growth](https://www.realized1031.com/glossary/economic-growth)

 Written by [The Realized Team](https://www.realized1031.com/glossary/author/the-realized-team) | Jun 27, 2022 12:00:00 PM

Economic growth is a term used to describe an increase in the production of economic goods and services over time. It is measured by an increase in the market value of goods and services produced as a result of changes in the productive capacity of capital goods, labor force, technology, and human capital.

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