Economy, asked by 20191997, 10 months ago

WHY DO WE SAY ECONOMIC GROWTH IS NECESSARY BUT NOT SUFFICIENT CONDITION FOR ECONOMIC GROWTH

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Answered by Anonymous
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'Economic Growth is a Necessary but not Sufficient Condition of Economic Development" . Very often economic growth in a nation does not bring about economic development. Economic growth of a nation can also be accompanied by increase in poverty and growing levels of unemployment.

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