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- Nikita Chetry
- Latest Answer: 7 hours ago
- In: Commerce
Distinguish between economic growth and economic development.
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1 Answers
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- Answered By Anita Sahani
- Answer: 7 hours ago
Economic growth is a short-term improvement in real income whereas economic development is long-run increase in real income plus improvement in overall standard of living and quality of life.Docen
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