Economic development is a more ___________ term as compared to economic growth.

narrow

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comprehensive

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inclusive

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none of the above

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Solution

The correct option is A comprehensive
Economic development refers to the economic growth of the economy in all terms which includes all aspects and has become a main and central theme of economic thought throughout the years.
Economic growth refers to the process of using natural resources for the development of the economy in other to increase the per capita income of the economy.
Therefore, economic development is a broader as well as more comprehensive term as compared to economic growth.

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2. It presents recent economic developments and a near-term economic outlook for South Asia.

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