Economic development is a smooth and simple process. (State True or False)
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False, economic development is not a smooth and simple process
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Answer:
False
Explanation:
As per the question
Economic development implies progressive changes in the socioeconomic structure of a country . Economics development involves a steady decline in agriculture 's share in GNP and corresponding increase in the share of industries , trade, banking, construction and services
* Economic development is process where increase in real per ca-pita output and income are accompanied by improvements in standards of living of the population
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