Question

Mention the need for economic development. Explain the determinants of development in indian economy

Answer 1

Economic development is the development in which the way of living of the people changes and there income also increases

The needs of the economic development are

Employment Decrease in poverty and the increase in in the national income of the country these are the things needed for the

economic development.

The determinants of the economic development are Average income,life expectancy ratio,health ratio, and the literacy rate .