Question

What is the difference between economic progression and economic development?

Answer 1

Answer:

Unlike economic development, Economic growth is an automatic process. ... Economic Growth can be measured through an increase in the GDP, per capita income, etc. However, Economic Development can be measured through Improvement in the life expectancy rate, infant mortality rate, literacy rate, and poverty rates.

HOPE THIS HELPS YOU

PLEASE MARK MY ANSWER AS BRAINLIEST ANSWER

THANK YOU ❤️

Answer 2

Answer:

hey chum! here's your answer. pls mark my answer as the brainliest and follow me

Explanation:

Economic growth means an increase in real national income / national output.

Economic development means an improvement in the quality of life and living standards, e.g. measures of literacy, life-expectancy and health care. Ceteris paribus, we would expecteconomic growth to enable moreeconomic development.