Social Sciences, asked by Nitishkumarsingh1, 1 year ago

Describe the economic growth and development

Answers

Answered by kriti9agr
1
Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time.

Development is progressive acquisition of various skills (abilities) such as head support, speaking, learning, expressing the feelings and relating with other people.

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Answered by senguptadeep124
1

A country's economic growth is usually indicated by an increase in that country's gross domestic product, or GDP. Generally speaking, gross domestic product is an economic model that reflects the value of a country's output.

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