Inclusive growth
Definition. Inclusive growth is economic growth that is broadly shared across society, raising the incomes and opportunities of lower income groups rather than benefiting only a narrow segment of the population. It combines a rising level of output with a fairer distribution of its gains.
It is often assessed alongside measures of income inequality such as the Gini coefficient, and is supported by policies on education, training, and transfers that widen access to opportunity.
This term belongs to The Gini Coefficient in A Level Economics. Read the full chapter for the diagrams, worked examples and exam technique.
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