Examlex
When a firm expands upstream,it is engaging in a process called
Economic Growth
An increase in the production of economic goods and services, compared from one period of time to another, often measured by GDP.
Productivity Growth
An increase in the efficiency of production, often measured as the ratio of output to inputs over a specified period.
U.S. Economy Sector
It refers to the major segments of the U.S. economy such as agriculture, manufacturing, and services that contribute to the country's GDP.
20th Century
The period from January 1, 1901, to December 31, 2000, known for vast social, political, and technological changes globally.
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