Tamil Nadu Board of Secondary EducationSSLC (English Medium) Class 9th
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What is meant by the term economic development? - Social Science

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Answer in Brief

What is meant by the term economic development?

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Solution

  1. The term economic development refers to the overall growth of all sectors of the economy by the adoption of new technologies.
  2. The development improves the living standards of the people as well as the status of the country.
Concept: Introduction of Understanding Development: Perspectives, Measurement and Sustainability
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