Business Studies, asked by nareshyadav8624, 10 months ago

what is economic development​

Answers

Answered by amanraj143
26

Explanation:

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Economic development is the growth of the standard of living of a nations people from a low-income (poor) economy to a high-income (rich) economy

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Answered by Soumaji4407D
0

Answer:

Economic development is the growth of the standard of living of a nations people from a low-income (poor) economy to a high-income (rich) economy. When the local quality of life is improved, there is more economic development. When social scientists study economic development, they look at a lot of things.

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