Economic growth can be accelerated through

Economic growth can be accelerated through increased current investment. This is because investment contributes to the creation of new businesses, expansion of existing ones, and development of infrastructure. All these activities stimulate economic activity and create job opportunities, which leads to increased output and higher incomes. With higher incomes, people can afford to consume more goods and services, leading to increased demand, which in turn drives further growth. On the other hand, if consumption is increased without a corresponding increase in investment, there will be a strain on resources, which could lead to inflation and slow down economic growth.