In general,economic growth:

Question

Quizplus · Accepted Answer

Economic growth and economic development are closely related concepts. Economic growth refers to an increase in the production of goods and services, while economic development involves improvements in various aspects of people's lives, such as health, education, and social well-being. Economic growth is a necessary but not sufficient condition for economic development. When a country experiences economic growth, it can generate the resources needed to invest in areas that contribute to economic development, such as education and healthcare. In turn, economic development can contribute to sustained economic growth by increasing productivity and capabilities. Therefore, both economic growth and economic development are mutually reinforcing, and choice D is the best answer.

In General,economic Growth