economic developement is must for all the countries why?
Answers
Answered by
5
Answer:
The aim of economic development is to improve the material standards of living by raising the absolute level of per capita incomes. Raising per capita incomes is also a stated objective of policy of the governments of all developing countries.
Answered by
1
Answer:
Economic development helps to protect the local economy from economic downturns by attracting and expanding the region's major employers. 5. Increased tax revenue. The increased presence of companies in the region translates to increased tax revenue for community projects and local infrastructure.
Similar questions