Why is regional development necessary ?
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A balanced regional development is needed for our economy because the advancement of the entire economy hinges on the development of all regions keeping in pace with their factor endowments. In the long run, the progress of the national economy will be the result of the growth realised by different regions.
Answered by
1
Explanation:
A balanced regional development is needed for our economy because the advancement of the entire economy hinges on the development of all regions keeping in pace with their factor endowments. In the long run, the progress of the national economy will be the result of the growth realised by different regions.
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