Which of the following is correct?
A) Economic development is more quantitative than economic growth.
B) A country cannot achieve economic growth with a limited base of natural resources.
C) Infrastructure is capital provided by the private sector.
D) All of the above are true.
E) All of the above are false.

Question

Quizplus · Accepted Answer

Economic development is more qualitative, focusing on improvements in living standards, while economic growth is quantitative, focusing on increases in GDP. A country can achieve economic growth with limited natural resources through technology and innovation. Infrastructure can be provided by both the public and private sectors.

Which of the Following Is Correct