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2 October, 08:48

Which of the following is an accurate definition for economic development?

a. the level of economic, political, and social well being of a nation's people

b. the market value of all final goods and services produced within a country in a given period of time

c. a nation's gross domestic product divided by total population

d. a measurement of worth or cultural superiority

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  1. 2 October, 12:48
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    The best option in terms of an accurate definition for economic development would be " a. the level of economic, political, and social well being of a nation's people," since "developed" nations usually have more of these things than "undeveloped" nations.
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