Economic growth takes place when a country :

Economic growth takes place when a country experiences an increase in the production of goods and services over a certain period. This growth is typically measured by the rise in a country's Gross Domestic Product (GDP). Key factors contributing to economic growth include:

1. Increased Capital Investment: More investment in infrastructure, machinery, and technology can boost productivity.
2. Labor Force Expansion: Growth in the working-age population or improvements in labor skills and education can enhance economic output.
3. Technological Advancements: Innovations and improvements in technology can lead to more efficient production processes.
4. Improved Efficiency: Better management practices and resource allocation can increase productivity.
5. Policy and Institutional Support: Effective government policies and stable institutions can create a conducive environment for economic growth.

Economic growth is crucial as it can lead to higher living standards, increased employment opportunities, and improved public services.