Question

economic development is a- 1. short term 2. long term 3. Continuous process​

Answer 1

Explanation:

(a) short-term reaction to the economic crisis could short-circuit your future.

(b) long term - Almost by definition, continuous improvement is a long-term business strategy to improve your business in terms of customer value and satisfaction, quality, speed to market, flexibility and reduced cost.

(c) One of the primary objectives of continuous improvement strategies is to increase the skills and capabilities of all of the organization's employees so they can effectively engage in problem solving in their work areas..

hope this will help u...

mark it as brainliest

Answer 2

Answer:

Economic Development is a continuous process.

Explanation:

• Economic development refers to changes in growth as well as gradual improvements in a nation's socioeconomic situation.
• While economic growth suggests a shift or a rise in the nation's actual production.
• Economic development is a continuous process : A continual growth in the production of products and services, or an increase in national wealth, results from the optimal [full utilisation and no waste] use of the available natural resources (increase in GDP too).
• Economic growth is the gradual rise in the value of the goods and services produced by an economy. It is calculated using the percentage rate change in real gross domestic product (GDP).
• The capacity of an economy to generate more goods and services over time is referred to as long-run growth. In addition to price and supply and demand, a nation's GDP and population growth are closely related.
• Marketable securities, often referred to as temporary investments or short-term investments, are financial assets that can be easily converted to cash, typically within five years. Many short-term assets are sold or converted to cash after only 3 to 12 months.
• Examples of short-term investments include certificates of deposit (CDs), money market accounts, high-yield savings accounts, government bonds, and Treasury bills.

#SPJ2