Economic development is a
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Economic development is the growth of the standard of living of a nations people from a low-income (poor) economy to a high-income (rich) economy. When the local quality of life is improved, there is more economic development. When social scientists study economic development, they look at a lot of things.
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Answer: Economic development is the growth of standard of living room nations of people to a low income economy to high income economy. when the local quality of life improved then economic development also increases.
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