Social Sciences, asked by rahulbhadra858, 6 months ago

Distance between economic growth and economic development?

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Answered by Anonymous
9

\huge\mathfrak{\underline{\underline{\red{Answer:-}}}} Economic growth means an increase in real national income / national output. Economic development means an improvement in the quality of life and living standards, e.g. measures of literacy, life-expectancy and health care. Ceteris paribus, we would expect economic growth to enable more economic development.

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