How have economists traditionally defined economic growth, Microeconomics

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How have economists traditionally defined "economic growth," and how is that different from "living standards growth"?

 Economists have traditionally explained economic growth in terms of production of goods and services, whereas the concept of "living standards growth" encompasses the improvement in the quality of diet and housing, transportation and communication, education, health care, , working conditions, entertainment, and even political freedom and social inclusion.  

 


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