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Business Studies

Economic Environment

Economic deve...

Question

Economic development refers to ______________ accompanied by changes in the socio-economic structure of the economy.

A

economic stability

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B

economic growth

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C

sustainable development

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D

all of the above

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Solution

The correct option is C economic growth
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.

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