Question

what is economic development.​

Answer 1

Explanation:

Economic development is the process in which a nation is being improved in the sector of the economic, political, and social well-being of its people. ... Consequently, as economist Amartya Sen points out, "economic growth is one aspect of the process of economic development".

Answer 2

Answer:

In the economic study of the public sector, economic and social development is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and objectives.