Which statement about economic growth is true?

Economic growth refers to an increase in the production of goods and services in an economy over time, typically measured by the rise in Gross Domestic Product (GDP). The statement that economic growth can happen without resource investment is true because growth can result from improvements in efficiency or productivity.

For example, if existing resources—such as labor, capital, or technology—are utilized more effectively, an economy can experience growth without necessarily acquiring new resources. Innovations in technology or better management practices can lead to higher output. Additionally, human capital development through education and skill training can enhance productivity, allowing for growth fueled by existing resources.

This understanding of economic growth highlights that while resource investment often supports growth, it is not a strict requirement for it to occur.