Growth Period

Growth Period pertains to a phase that creates more profit for businesses, resulting in stock prices rising, giving companies capital to invest and hire more employees. This period shows an increase in the capacity of an economy to produce goods and services, compared from one period to another, traditionally measured in terms of Gross National Product (GNP) or Gross Domestic Product (GDP), removing the effects of inflation. In economics, growth is commonly modeled as a function of physical capital, human capital, labor force, and technology.