What is meant by economic development?
Answers
Answered by
3
a positive change and improvement is meant by economic development
Answered by
1
The Economic Development can be defined as the process through which any nation can improve the political, economic, and social well-being of the people.
The term is frequently used by the politicians, economists and others in the 21st centuries.
The concept existed in the Western countries for many centuries.
The economic growth is the phenomenon of the market productivity and increase in the GDP.
Similar questions