Economy, asked by unnatip0103, 9 months ago

write any 3 points of difference between economic growth and economic development​

Answers

Answered by sunilkumar1921979
2

Answer:

Economic growth means an increase in real national income / national output. Economic development means an improvement in the quality of life and living standards, e.g. measures of literacy, life-expectancy and health care. Ceteris paribus, we would expect economic growth to enable more economic development.

hope it helps

Answered by tamizhiniezhil006
1

Answer:

Mark it as brainliest plzz

Explanation:

Economic growth means an increase in real national income / national output. Economic development means an improvement in the quality of life and living standards, e.g. measures of literacy, life-expectancy and health care. Ceteris paribus, we would expect economic growth to enable more economic development

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