Economic Growth: A key macro-economic objective of many governments around the world is positive economic growth

    ‘A key macro-economic objective of many governments around the world is positive economic growth; due to the perceived benefits/advantages that growth brings to the economy and people’.
    Examine this statement by firstly defining economic growth, explaining how it is measured, and by then focussing on the advantages that economic growth brings to a country, using appropriate real world examples examples to illustrate your work.

    Guidance:
    • Introduction: a brief outline what you will be writing about in this essay.

    • Include a brief paragraph where you: define growth, stating how it is actually measured in the UK, and very briefly describe the recent growth situation using relevant data to illustrate trends in UK economic growth in recent years.

    • The main body of your essay should be to describe and explain the various advantages of economic growth.

    • Throughout your work, use real examples, evidence and data to try to illustrate what you are writing about.

    • Conclusion: what have you discovered overall?

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