Economic development can be explained in terms of productivity, economic exchange, technological improvements, and income.

Name: Economic development can be explained in terms of productivity, economic exchange, technological improvements, and income.
Brand: Quizplus
Rating: 4.7 (46 reviews)

Question

Quizplus · Accepted Answer

Economic development involves increasing productivity, facilitating economic exchange, advancing technology, and raising income levels, all of which contribute to a nation's economic growth and improved living standards.

Economic Development Can Be Explained in Terms of Productivity, Economic