What is the relation between development and economic growth?
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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.
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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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