Economy, asked by janmariam48, 1 year ago

give a simple meaning of Econmic development?​

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Answered by minhaj66340
22

Answer:

Economic development is the growthof the standard of living of a nations people from a low-income (poor)economy to a high-income (rich)economy. When the local quality of life is improved, there is more economic development. When social scientists study economic development, they look at a lot of things.

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