It will create new jobs.
Economic growth is the growth of people which causes economic development, the growth/development of cities/towns. (i.e. businesses and buildings)
Economic growth is necessary for economic development but not a sufficient proof of economic development. The improvement of people's living condition is a greater assessment of economic development.
expansion, increase, growth, jump, boost, upsurge
the population
developement includes economic growth, in addition to human development such as providing for health nutrition, a clean evvironment and
SYONYMS: Elaboration,development,expansion,growth,progress,progression
development; expansion; growth; unfolding
growth, increase, advance, progress, spread, expansion, enlargement
growth, increase, advance, progress, spread, expansion, enlargement, evolution
thematic development
Here's a selection, take your pick: development, suburbanization, expansion, sprawl, spread, growth
increase, development, growth, expansion, accumulation, enlargement, escalation
Growth of the railroads
The first Burger King in Savannah, Georgia, opened on March 15, 1978. It was located on Abercorn Street, near the intersection with Mall Boulevard. This location marked the brand's expansion into the Savannah area, contributing to its growth in the southeastern United States.
This is simply the internal growth of a business. Internal growth would include things such as employee development, development of product base etc. External growth is the addition of another branch of your business or a literal expansion your business place.
expansion of railway lines
The correct spelling is exponential growth. Exponential growth is defined as an increasingly fast rate of development, or growth, in proportion to the growing total size or number. It can also mean runaway expansion.