Economic development indicates 2 point
economic growth plus progressive
changes in certain important
variables which determine well-
being of the people.
*
O True
O False
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Economic development implies economic growth plus progressive changes in certain important variables which determine well-being of the people,e.g: health, education. ... Modernization, Westernisation, and especially Industrialisation are other terms people have used while discussing economic development.
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Definition and terminology Economic development implies economic growth plus progressive changes in certain important variables which determine well-being of the people,e.g: health, education.
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