Advertisements
Advertisements
Questions
Define economic development.
Define the term economic development.
Definition
Advertisements
Solution
Economic development refers to the problems of underdeveloped countries and economic growth to those of developed countries. Economic development deals with the problems of UDCs. Change is discontinuous and spontaneous. Economic development is not determined by any single factor. Economic development depends on economic, social, political, and religious factors.
shaalaa.com
Meaning of Development and Underdevelopment
Is there an error in this question or solution?
