What do you mean by economic development and different indicators of economic development?
Answers
Answered by
0
Economic growth reflects an increase in that country's gross domestic product, or GDP. Gross domestic product indicates the value of a country's output. ... This index considers intrinsic personal factors not considered in economic growth, such as literacy rates, life expectancy and poverty rates.
Answered by
2
Economic Development is defined as the development of a country which includes several parameters like the the financial and the economic upliftment educational level health status of the people and the technological advancement of the country...
Economic development is a broad concept of development, which helps us to rank the countries...
The category used by the United Nations Development Programme[UNDP] through the Human Development Index[HDI] is broadly economic development...
<Judge It Yourself...>
Attachments:
Similar questions