Answer

One of the most important things for any country is that they must have to improve and maintain the economy of their country. Through this, they are able to maintain their country for the future. There are a lot of benefits if the economic growth of the company that will give proper information about why it is extremely important for the government. The economic growth basically a phrase that is responsible for indicating the GDP of the country. There are a lot of factors that are involved in economic growth, like the aggregate income of the person. This economic growth can be measured from the total GDP of the country in the required period. The number of goods and services that the company is preparing for giving to other countries is also the reflection of the economic growth of the country. This value can be positive and negative that only depends upon the data compared with the previous data. One of the major benefits to the government is that living standards of the people increases (Holt & Jamison, 2009).

The import and export of the country improved at high rate. If the economic growth of the country is high, then there will be a high economic rate in that country. The economic growth in the country also benefits the government official in great amount. This means that there will be high tax revenue for the government. That will help the company to make it stronger than ever. This will help the government with extra money for the future then they will spend less amount of money.

The economic growth is also important for the country because it will help to increase the confidence of the business officials. Through this, some small business also gains a lot of benefits from the economic growth of the company. It can be seen that if the economic growth of the country is improved, then the government will spend a lot by enhancing public services. They will spend high on education and other services. The government will free to spend a lot of money by giving free health and education to the public in a proper way (H. Rept. 116-9, 2019).

References of  economic growth so important to all governments?

H. Rept. 116-9, 2019. CONFERENCE REPORT AND EXPLANATORY MATERIAL STATEMENT ON H.J. RES. 31, FURTHER CONTINUING APPROPRIATIONS FOR DEPARTMENT OF HOMELAND SECURITY, 2019, SUBMITTED BY MRS. LOWEY, CHAIRWOMAN OF THE HOUSE...; Congressional Record. [Online]
Available at: https://www.congress.gov/congressional-record/2019/2/13/house-section/article/h1589-2?q=%7B%22search%22%3A%5B%223d+guns%22%5D%7D&s=2&r=5

Holt, L. & Jamison, M., 2009. Broadband and contributions to economic growth: Lessons from the US experience. Telecommunications Policy, pp. 575-581.