Economic growth refers to the increase in the production of goods and services in an economy over a specific period, typically measured by the rise in real Gross Domestic Product (GDP). It indicates a positive change in the economic performance and capacity of a nation or region, showcasing advancements in productivity, technological innovation, and improved living standards. Economic growth can result from various factors, including increased capital investment, higher levels of employment, and enhanced productivity due to innovation and improvements in efficiency. It is an essential indicator for policymakers and economists as it reflects the overall health of an economy, influencing investment decisions and government policy. However, economic growth can also lead to challenges, such as income inequality and environmental degradation, necessitating a balanced approach to sustain long-term prosperity while addressing broader social and environmental concerns.
Introduction In 2024, Casablanca's wholesale fruit and vegetable market has showcased impressive performance, effectively tackling current economic and climate challenges. According to a recent release from Casaprestations, this logistical hub…