explain how economic development is helpful in alleviating poverty
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Economists believe that economic growth benefits nearly all citizens of a country and therefore reduces poverty. If economic growth raises the income of everyone in a society in an equal proportion, then the distribution of income will not change.
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Answer:
Economists believe that economic growth benefits nearly all citizens of a country and therefore reduces poverty. If economic growth raises the income of everyone in a society in an equal proportion, then the distribution of income will not change.
Explanation:
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