Economic development refers to the improvement in a country’s: A. Housing and infrastructure. B. Standard of living for all its people. C. Average wealth. D. Income.
Question
Economic development refers to the improvement in a country’s: A. Housing and infrastructure. B. Standard of living for all its people. C. Average wealth. D. Income.
Solution
Economic development refers to the improvement in a country's standard of living for all its people. So, the answer is B. Standard of living for all its people.
Similar Questions
WHAT IS ECONOMIC GROWTH
Economic growth isПитання 7Виберіть одну відповідь:a.shared equally among the populationb.critical in determining the standard of living in a nationc.measured by the number of businesses in the economyd.measured by the amount of government spending
निम्नलिखित में से कौन आर्थिक विकास शब्द की व्याख्या करता है? (Which of the following explains the term economic Development?)a.प्रति व्यक्ति उत्पादन में वृद्धि (Increase in Per Capita Production)b.प्रति व्यक्ति वास्तविक आय में वृद्धि (Increase in Per Capita Real Income)c.अर्थव्यवस्था में संरचनात्मक परिवर्तन (Structural Change in the Economy)d.सभी विकल्प सही हैं। (All options are correct.)
infrastructure refers to the elements of economic change and social change which serve as the foundation for growth development of the country
Another type of economy from a non-industrialize country trying to develop itself is called a Developing Economy.Group of answer choicesTrueFalseNext
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.