
Economic growth strategy
An economic growth strategy involves plans and policies that a country or region adopts to increase its overall economic activity, income, and living standards. This can include investing in infrastructure, supporting innovation, improving education, creating favorable business environments, and encouraging productivity. The goal is to generate more jobs, raise income levels, and improve the quality of life for residents over time. Effective strategies balance short-term boosts with sustainable development, ensuring growth benefits current and future generations.