examples of economic development and economic growth
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Economic growth reflects an increase in that country's gross domestic product, or GDP. ...Economic development, on the other hand, is a broader term. It indicates an increase in citizens' quality of life and is often measured using the HumanDevelopment Index.
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In an economy, the production and consumption of goods and services are used to fulfill the needs of those living and operating within it.(a) Social Policy is one of the major components of the Economic Policy
(b) The Social Policy and the Economic Policy are inter-related
(c) The Economic Policy is the integral part of the Social Policy
(d) Social Policy and Economic Policy are separate and each have no relation with the following it
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