whats is economic developement
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Economic development is defined as an increase in a country's wealth and standard of living. It is usually measured by an increase in the gross domestic product (GDP) or other measure of aggregate income.
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➡️ In the economic study of the public sector, economic and social development is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and objectives.
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