Long-term growth refers to the sustained increase in a company's or economy's output over an extended period, typically measured in years. This growth is often driven by factors such as increased productivity, technological advancements, and a growing workforce. It is essential for improving living standards and creating jobs. In the context of investing, long-term growth strategies focus on assets that are expected to appreciate over time, such as stocks or real estate. Investors often look for companies with strong fundamentals, like Apple or Amazon, that can deliver consistent returns through innovation and market expansion.