Difference between economic growth and economic developmemt
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Explanation:
Economic growth reflects an increase in that country's gross domestic product, or GDP. ... Economic development, on the other hand, is a broader term. It indicates an increase in citizens' quality of life and is often measured using the Human Development Index.
Answered by
8
Answer:
Economic growth reflects an increase in that country's gross domestic product, or GDP. ... Economic development, on the other hand, is a broader term. It indicates an increase in citizens' quality of life and is often measured using the Human Development Index.
Explanation:
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