anonymous
  • anonymous
When will economic growth not transform into economic development
OCW Scholar - Principles of Microeconomics
  • Stacey Warren - Expert brainly.com
Hey! We 've verified this expert answer for you, click below to unlock the details :)
SOLVED
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.
chestercat
  • chestercat
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!
anonymous
  • anonymous
Usually it will. A traditional economy will sometimes see growth but no development, or very small development. Remember, competition promotes development, so if a economy has no competition, there is no incentive to develop.
anonymous
  • anonymous
thanks dude!
anonymous
  • anonymous
if it does not improve the nations living standards in terms of improved lifestyles,access to quality healthcare and education,welfare facilities etc

Looking for something else?

Not the answer you are looking for? Search for more explanations.