Question

"Economic development is a process
whereby an economy's real national
income increases over long period of
time." This statement is made by​

Answer 1

Answer:

Prot meier and Baldwin.

Explanation:

“Economic development is a process whereby an economy’s real national income increase over a long period of time.” Prot meier and Baldwin. This definition is Simple and precise. This definition emphasis on three ingredients of economic development (1) Process (2) Real National Income and (3) Long period.