INTRODUCTIONFor a country to survive compared to another developed country, it must be able to grow and maintain a healthy and thriving economy. This document is designed to provide a detailed overview of economic growth and the sectors that influence economic growth. A country's economic growth is essential for poverty reduction, without such reduction; poverty would continue to increase, so economic growth is inevitable. Through economic growth, this also helps in reducing the unemployment rate and also helps in reducing the government's budget deficit. Economic growth can also encourage better living standards for all citizens, as economic growth leads to improvements in the public sectors, educational and health facilities. Thanks to economic growth, social spending can also be increased without increasing taxes. What makes economic growth so attractive is that it allows a country to do much more than it is currently financially capable of. Through economic growth, a country can also help reduce the country's deficit. To date, the Bahamian government has invested millions of dollars in the economy, including new roads and highways, schools, hospitals, hotels, and more. If an economy invests, it is to improve and encourage growth within its economy. In my opinion, economic growth is beneficial to any economy, although there are a number of hurdles to overcome to actually feel and see economic growth. This research paper aims to provide a better understanding of economic growth and how the Bahamas has grown and the investments it has made to support the development of the economy. Economic Growth According to the exploration of economies, the economy...... middle of document. .....adequate investment in human capital• Weaknesses in promoting and supporting entrepreneurship• Economic and social costs due to high levels of income inequality and• Excessive borrowing• Protectionism works cited Database Global Economy of the International Monetary Fund. (2013, October). Retrieved from http://www.imf.org/external/pubs/ft/weo/2013/02/weodata/weorept.aspx?sy=2005&ey=2013&ssm=1&scsm=1&ssd=1&sort=country&ds=.&br=1&c=313&s =NGDP_R&grp=0&a=&pr1.x=50&pr1.y=18Koba, M. (November 3, 2011). Gross domestic product: CNBC explains. From CNBC: EXPLAINED: http://www.cnbc.com/id/44505017Riley, G. (September 23, 2012). Tutor2u. Retrieved from http://www.tutor2u.net/nomics/revision-notes/as-macro-nomic-growth.htmlYarra Rangers Shire Conci, . (2012, 04 05). Extracted from the Yarra Ranges Shire Council: vic.gov.au/Business/What_is_Economic_Development