Answer :

Economic development means an increase in income of the country, it can be measured by growth in GDP of country and increase in per capita income. It happens when the rate of production and income is more than the rate of population growth.

Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Related Videos
Economics - Concept and QuestionsEconomics - Concept and QuestionsEconomics - Concept and Questions59 mins
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
view all courses

What condition maTogether With Social Science

Why do different Full Marks - Social Science

Which neighbourinTogether With Social Science

Think of any threTogether With Social Science