What Is Growth?

Growth is about people and machines combining nohow to make goods and services. Australia has a g d p per person of nearly 60 thousand dollars, while china as less than ten thousand dollars. So when we talk about economic growth, we really should be focusing on how things change on a per person basis. Child care workers count when it comes to g d p, but oddly enough, a parents staying home to care for their kids doesn't. Focusing on comparative advantage is how we really maximize our standard of living.