Studies by the World Bank during the 1970s indicate that
A) growth in GDP always leads to economic development.
B) growth in GDP does not guarantee improvements in development indicators.
C) growth in GDP improves education, nutrition and health.
D) growth in GDP decreases the GDP per capita.

Question

Quizplus · Accepted Answer

The studies by the World Bank during the 1970s indicate that growth in GDP does not guarantee improvements in development indicators. This means that economic development is not solely dependent on GDP growth and that other factors such as income distribution, access to education and healthcare, and political stability are relevant for overall development.

Studies by the World Bank During the 1970s Indicate That