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Economic development refers to:
  • a)
    Increase in real GDP per capita over time.
  • b)
    Increase in the population of a country.
  • c)
    Increase in the government expenditure.
  • d)
    Increase in inflation rate.
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Economic development refers to:a)Increase in real GDP per capita over ...
Economic development refers to the improvement in the standard of living, well-being, and quality of life of the population. It involves sustainable economic growth, social progress, and institutions that support the needs and aspirations of individuals in a society.
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Economic development refers to:a)Increase in real GDP per capita over time.b)Increase in the population of a country.c)Increase in the government expenditure.d)Increase in inflation rate.Correct answer is option 'A'. Can you explain this answer?
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Economic development refers to:a)Increase in real GDP per capita over time.b)Increase in the population of a country.c)Increase in the government expenditure.d)Increase in inflation rate.Correct answer is option 'A'. Can you explain this answer? for JAMB 2025 is part of JAMB preparation. The Question and answers have been prepared according to the JAMB exam syllabus. Information about Economic development refers to:a)Increase in real GDP per capita over time.b)Increase in the population of a country.c)Increase in the government expenditure.d)Increase in inflation rate.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for JAMB 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Economic development refers to:a)Increase in real GDP per capita over time.b)Increase in the population of a country.c)Increase in the government expenditure.d)Increase in inflation rate.Correct answer is option 'A'. Can you explain this answer?.
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