by economic growth? If a nation is experiencing periods of economic growth does that mean that the standard of living of its population has improved?…

What is meant by economic growth? If a nation is experiencing periods of economic growth does that mean that the standard of living of its population has improved? Explain. (You may include a discussion of the Interactive Exercise on Factors that Influence Economic Growth in your discussion.)

What influence does technology have on an economy’s economic growth? Please provide illustrating examples to support your ideas.