Answers>Economics>A Level>Article

Does economic growth lead to economic development?

Economic growth is a factor of economic development however it does not guarantee economic development. It depends on population growth, the extent the increase increase in GDP and various other factors.

Answered by Haneen S. • Economics tutor

7085 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

Why do some argue that there is a trade off between unemployment and inflation?

Evaluate policies the government can use to increase the rate of economic growth.

If timber prices fall by 30%, what will be the expected % change in demand for timber in the economy if the Price Elasticity of Demand is -0.5, and explain the effect on revenue for a timber-selling firm.

Does economic growth lead to economic development?

Related Economics A Level answers

Why do some argue that there is a trade off between unemployment and inflation?

Evaluate policies the government can use to increase the rate of economic growth.

If timber prices fall by 30%, what will be the expected % change in demand for timber in the economy if the Price Elasticity of Demand is -0.5, and explain the effect on revenue for a timber-selling firm.

Explain the main sources of monopoly power.

We're here to help

Company Information

Popular Requests

© MyTutorWeb Ltd 2013–2024

CLICK CEOP