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polet [3.4K]
3 years ago
9

Tabulate the difference between economic growth and economic development​

Social Studies
1 answer:
guapka [62]3 years ago
6 0

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.

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