• what is the meaning of economic development? discuss the three objectives of development, according to the textbook
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Ans:-
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Economic development can be defined as "a sustained community effort to improve both the local economy and the quality of life by building the area's capacity to adapt to economic change"
The following are the three main objectives of economic development.
1. Rise in Per Capita Income
2. Reduced IMR and greater life expectancy rate
3. Increased literacy and reduced poverty.
☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆
#racks
________
Ans:-
♡♡
Economic development can be defined as "a sustained community effort to improve both the local economy and the quality of life by building the area's capacity to adapt to economic change"
The following are the three main objectives of economic development.
1. Rise in Per Capita Income
2. Reduced IMR and greater life expectancy rate
3. Increased literacy and reduced poverty.
☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆
#racks
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