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Describe economic development.

Describe economic development.

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Kavungya
Is more comprehensive and it focuses not only on economic growth but also on structural changes in an economy and general improvement of an individual and the nation as a whole. It is a situation/ condition where GNP grows over a long period of time and during which period the proportion of people living in absolute poverty does not increase, that increased GNP makes people to lead better lives than before.
Kavungya answered the question on April 3, 2019 at 05:33

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