Social Sciences, asked by pamm46, 1 year ago

why is suitable to development essential for economic growth explain

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Answered by raghavendrareddy324
0
Economic development is the process by which a nation improves the economic, politics, and social well-being of its human. The term has been used frequently by economists, politicians, and others in the 20th and 21st centuries. The concept, however, has been in existence in the West for centuries. "Modernization, "westernization", and especially "industrialization" are other terms often used while discussing economic development. Economic development has a direct relationship with the environment and environmental issues.[further explanation needed]Economic development is very often confused with industrial development, even in some academic sources.
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