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Marope trigger (Not registered at a university, South Africa (ZA))

History in economic growth and economic development question in main group

Distinguish between economic growth and economic development

September 16 2017, 5:04 am

ALL ANSWERS
Siyabonga Baloyi (Other institution, South Africa (ZA))
Economic growth is the increase in economic activities (production) and the GDP of a country in a year.this is measured using the Real GDP
Economic development is the improvement in the standard of living of citizens in a country. This is measured using R GDP per capita


November 7 2017, 4:51 am


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CHASELYN (Not registered at a university, South Africa (ZA))
Mr Baloyi your answer is vice verse in due do correct .

March 14 2018, 10:22 am


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