Economy, asked by aman88yadav, 10 months ago

How development could mean different things to different people.

Answers

Answered by queensp73
0

Answer:

It is pretty obvious that economic development could mean different things to different people. So,here are few examples which would describe the above statement:

a) a economic development might be beneficial for an industrialist but not for a farmer who works harder day and night to produce agricultural goods

b)In case of an large scale and small scale businessmen, it may be beneficial for the larger ones than the smaller ones.(because economics development may also incur some strict rules and regulations for their securities).

c) Additionally, broadly thinking, the national income too dose'nt describe whether it is well distributed among the nation or not.

hope it helps u

:)

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