Question

Greater economic prosperity indicate the developments of a region.

Answer 1

Answer:

Economic prosperity alone cannot indicate the development of a region. It is the GDP and other social indicators that will indicate the development of a region.

Economic prosperity is the key element to quality of life and is also necessary for the nation to be competitive in the world economy. ... To increase wealth and living standards, the economy must promote and sustain diversity, innovation, competition and entrepreneurship.

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