What os economic development

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What os economic development

Posted by Abhijeet Pandey Pandey 5 years, 7 months ago

CBSE > Class 10 > Social Science

1 answers

Meghna Thapar 5 years, 7 months ago

Economic development is the growth of the standard of living of a nations people from a low-income (poor) economy to a high-income (rich) economy. When the local quality of life is improved, there is more economic development. When social scientists study economic development, they look at a lot of things. Economic development is a process of targeted activities and programs that work to improve the economic wellbeing and quality of life of a community by building local wealth, diversifying the economy, creating and retaining jobs, and building the local tax base.

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Posted by Shristi Pandey 1 month, 2 weeks ago

CBSE > Class 10 > Social Science