Economy, asked by vishnu1010, 1 year ago

do the terms economic growth and economic development mean the same thing. Discuss​

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Answered by Anonymous
5

'Do the two terms—'Economic Growth' and 'Economic Development' mean the same thing'. ... No, Economic growth and Economic development are distinct and different in terms of their contents and coverage. Economic growth can be defined as a process whereby a country's real national income increases over a long period of time

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