Among the given options, which of the following is a broad concept?

Economic growth

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Economic development

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National growth

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None of these

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Solution

The correct option is A Economic development

Economic development, on the other hand, is a broader term. It indicates an increase in citizens' quality of life and is often measured using the Human Development Index. This index considers intrinsic personal factors not considered in economic growth, such as literacy rates, life expectancy, and poverty rates.

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