True. Economic growth is generally associated with developed economies. Developed economies typically have established infrastructure, advanced technology, and high levels of productivity, all of which contribute to sustained economic growth. However, emerging economies can also experience rapid economic growth, often at a faster pace than developed economies, as they catch up in terms of development.

Factors include:

• GDP Growth: Developed economies often aim for steady GDP growth, reflecting increased production and consumption.
• Technological Advancement: Innovation drives efficiency and new industries.
• Infrastructure: Well-developed infrastructure supports economic activities.