Question

How are economic development and human development related?

Answer 1

Explanation:

The two-way relationship between economic growth and human development suggests that nations may enter either into a virtuous cycle of high growth and large gains in human development, or a vicious cycle of low growth and low rates of HD improvement.

Answer 2

Answer:

Human development is a function and barometer of economic development. High GDP growth rates, when distributed equally over a population will lead to equity. However, conversely, human development in the form of better nutrition and education are pre requisites for development.

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