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Question
What do you mean by development?
Short Note
Solution
- Development refers to the progress in a particular field or particular person.
- Similarly, by economic progress of a country, it is known as economic development.
- However, the interpretation of the concept development keeps on changing from time to time, from person to person.
- Its meaning gets extended further.
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Indicators of Economic Development
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Assertion (A): The term ‘economic development’ refers to the overall growth of all sectors of
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