Economy, asked by samwelnaomi111, 8 months ago

Economic growth is a necessary but not sufficient condition for development. Discuss

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Answered by Anonymous
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Economic growth is said to be a necessary but not sufficient condition to eradicate absolute poverty and reduce inequality. Most development economists seem to agree that the level and rate of growth of GNI and per capita income do not provide sufficient measures of a country's development. This statement is true.

Answered by khagenbarman428
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