Term of the Day

exponential growth

Increase in number or size, at a constantly growing rate. It is one possible result of areinforcing feedback loop that makes a population or system grow (escalate) by increasingly higher amounts. compound interest is an example of exponential growth.
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Usage Example
The advent of big data and its exponential growth managed by the enterprise data centers is a significant market factor.
Term of the Day

economic growth

positive change in the level of production of goods and services by a country over a certain period of time. Nominal growth is defined as economicgrowth includinginflation, while real growth is nominal growth minus inflation. Economic growth is usually brought about by technological innovation andpositive external forces.
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Usage Example
While economies of developing countries can be volatile, they often see a higher rate of economic growth than industrialized nations.
We don't Love Inflationary Growth though !
Notable Quotable
"Inflation might be called prosperity with high blood pressure." 
-Arnold Glasgow