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What is economic growth and why does it matter?

The Real Story

CHAPTER

What Does Growth Mean?

How should we measure growth? Would we be better off calculating the population's happiness or well-being instead? And what do the varying approaches to going for growth mean for you, your bank balance and your quality of life? Vicky Price is an economist. She was Director General for Economics at the Department for Business Innovation and Skills here in the UK.

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