Global economic growth refers to the increase in the production of goods and services across countries over time. It is typically measured by the rise in Gross Domestic Product (GDP), which reflects the overall economic performance of a nation. When economies grow, they can create more jobs, improve living standards, and increase wealth.
This growth can be influenced by various factors, including technological advancements, trade agreements, and government policies. Additionally, global economic growth can lead to greater international cooperation and investment, as countries seek to benefit from each other's economic successes and resources.