Economic development and economic growth are the one and the same thing.
True or false
Answers
Answered by
6
Answer:
hi here is the answer
Explanation:
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.
SO THEY ARE NOT THE SAME,ANSWER:FALSE
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Answered by
1
Answer:
hi here is your answer....
false , because economic growth is the increase in real output of a country where as economic development is the level of production in an economy .
armylover
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