Question

Economic development Justify

Answer 1

Answer:

Whereas economic development is a policy intervention aiming to improve the well-being of people, economic growth is a phenomenon of market productivity and increases in GDP; economist Amartya Sen describes economic growth as but "one aspect of the process of economic development".

Answer 2

Answer:

economic activities are those by which we can earn our livehood . business is an example of economic activity . Buisness may be defined as a economic activity involved the production and sale of goods and survicess undertaken with a motive of earning profit by satisfying human needs in society.