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Economic Growth in a Democracy

'Human develo...

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'Human development and Economic development means the same.' Comment

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Solution

Economic development is the sum of all the development of economic wealth of countries or regions for the well-being of their inhabitants.

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Similar questions

Q. Process of economic development means increase in goods and services.

Q. Rural development means developing rural areas socially, economically, and politically.

Q. The United Nations Economic and Social Council prepares the Human Development Index.

Q. State whether the following statements are true or false.

1. Economic development is not so important for a country like India.

2. Economic growth means increase in real national income.

3. Economic development involves only economic growth.

4. Economic development is a smooth and simple process.

Rural development means an action-plan for the economic and social upliftment of rural areas.

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