Economics · Economic Growth and Development
Identify the correct statements related to 'economic development': 1. It considers output growth along with improvements in HDI, technology, and overall quality of life. 2. Economic development is a broader concept than economic growth. 3. It is qualitative as well as quantitative in nature. 4. It is a continuous and multi-dimensional process.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2, 3 and 4✓
- 22 and 3 only
- 31 and 3 only
- 41 and 2 only
Correct answer
1, 2, 3 and 4
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