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what do you mean by economic development

what do you mean by economic
development
 

Grade:10

2 Answers

Saurabh Kumar
askIITians Faculty 2400 Points
8 years ago
From a policy perspective, economic development can be defined as efforts that seek to improve the economic well-being and quality of life for a community by creating and/or retaining jobs and supporting or growing incomes and the tax base.
A M S ARUN KRISHNA
216 Points
8 years ago
Economic development can be referred as qualitative and quantitative changes in economy. Economic development  is the sustained, the actions of communities that promote the standard of living and economic health of a specific area

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