define economic development write it's various indicator
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Economic development is a broader concept than economic growth. Development reflects social and economic progress and requires economic growth. Growth is a vital and necessary condition for development, but it is not a sufficient condition as it cannot guarantee development.
Indicators of development
The Human Development Index (HDI)
Life expectancy
Adult literacy
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here is your answer.
Economic development is a broader concept than economic growth. Development reflects social and economic progress and requires economic growth. Growth is a vital and necessary condition for development, but it is not a sufficient condition as it cannot guarantee development.
Indicators of development
The Human Development Index (HDI)
Life expectancy
Adult literacy
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