Question

Define structural change.​

Answer 1

Answer:

Structural change is defined as a change in the relative weight of significant components of the aggregative indicators of the economy, such as national product and expenditure, exports and imports, and population and the labour force

Answer 2

Answer:

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Explanation:

Structural change refers to dramatic shift in the way a country, industry, or market operates, usually brought on by major economic developments. The key to effect structural change is the dynamism that is inherent in that system.

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