What Makes the Economy Grow? (The Economy Hits Home Series)

Everyone should want the economy to grow. A growing economy puts more money in families’ pocketbooks and charities’ budgets. The poor and unemployed have an easier time finding jobs, and families saving for retirement or their children’s education can see their nest eggs grow. So what makes the economy grow? You don’t need a degree in economics to answer this, you just need to think carefully. Our economy isn’t like an apple pie, with a set amount of wealth that can only be sliced so many ways. We can create more wealth: That is, we can make the pie grow. Some create more than others and may end up with bigger slices; but in the long run, everyone can end up with a bigger slice than they would have had otherwise.