Chapter 35: Economic development Flashcards by Adrian Lee | Brainscape

Q

Economic development

A

An improvement in economic welfare including improved living standards, reducing poverty, expanding the range of economic and social choices, and increasing freedom and self-esteem.

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Q

Features of countries with high development

A

Higher income per head
High living standards
High proportion of workers employed in the tertiary sector
High levels of productivity
High levels of investment

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Q

A

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