Economy, asked by ayush7257, 11 months ago

what is national income what is economic development​

Answers

Answered by dhwani27
1

Explanation:

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.

Answered by ShreyaMathur433804
0

HEYY!

National income means the value of goods and services produced by a country during a financial year.

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.

HOPE U FOUND IT HELPFUL

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