which method is considered the best method to measure development and why what are its criteria for comparison
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Generally, economic development is a process of change over a long period of time.
Though there are several criteria or principles to measure the economic development, yet none provides a satisfactory and universally acceptable index of economic development.
Hence, it is a complex problem to answer about the measuring of economic development.
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Generally, economic development is a process of change over a long period of time.
Though there are several criteria or principles to measure the economic development, yet none provides a satisfactory and universally acceptable index of economic development.
Hence, it is a complex problem to answer about the measuring of economic development.
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