Economy, asked by geekmanavi4948, 1 year ago

What is the relation between development and economic growth?

Answers

Answered by sachinarora2001
4
There is a positive relationship between development and economic growth. bcx whenever there is increase in development, economy can get better results. Or whenever development decreases, economy can't grow for long time.
Answered by Anonymous
17

Explanation:

7 Differences Economic Growth is the increase in the real output of the country in a particular span of time.

  • Whereas, Economic Development is the increase in the level of production in an economy along enrichment of living standards and the advancement of technology.

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