Perspectives of each model on economic growing and development

it is important to always remember the real objective of the economy, which

consists of managing scarce resources to create wealth and promote well-being.

Economic growth refers to the component associated with the country's wealth, known as
GDP (gross domestic product).

Economic development is associated with the general well-being of society, and the
sustainability of resources to satisfy future generations.

Economic indicators : are tools used to measure

economic performance over a specific period of time. In this work we will discuss

indicators of economic development and growth.

4.1.1 Economic growth indicators

The economic growth indicator is the tool used to measure the quantitative part

of the economy directly linked to the creation of wealth in a country.

Gross Domestic Product (GDP)

It measures the total value of all goods and services produced within a

country's borders in a given period.

specific.