Question

define development in economics​

Answer 1

Answer:

Economic development, as a public sector term, is the process by which the economic well-being and quality of life of a nation, region or local community are improved according to targeted goals and objectives.

Answer 2

Hello Mate,

Development is defined as the process of growth or new information or an event. An example of development is the changing of a caterpillar to a butterfly.

An example of development is emerging details about a local robbery.

An example of development is a community of condos intended for seniors.

Hope this helps you