Relations (1)

related 2.00 — strongly supporting 3 facts

Electricity is identified as a primary driver of economic growth [1] and is considered a vital component for sustainable development that facilitates such growth [2], although the correlation between economic expansion and increased electricity usage is sometimes debated in specific sectors [3].

Facts (3)

Sources
The Impact of Global Economic Trends on Personal Investments onpointcu.com OnPoint Community Credit Union 1 fact
claimTechnology and consumer goods sectors tend to flourish during periods of economic growth, whereas utilities and telecommunications sectors may not experience the same growth because usage of electricity or phone services does not necessarily increase with a stronger economy.
Sustainable Energy Transition for Renewable and Low Carbon Grid ... frontiersin.org Frontiers 1 fact
claimElectricity is a critical form of end-use energy and a primary driver of economic growth and development.
Sustainability through business model innovation and climate ... nature.com Nature 1 fact
claimImproved access to electricity and internet connectivity are considered vital drivers of sustainable development because they facilitate economic growth, knowledge sharing, and innovation.