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Why in many countries an increase in economic growth has not translated into an overall improvement...

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Economics

Why in many countries an increase in economic growth has nottranslated into an overall improvement in economic/socialwelfare?

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3.9 Ratings (602 Votes)
Economic growth means goods and services production is increases Economic growth tells about monetary gain of countrybut it is not symbol of overall improvementEconomic gain means a country is having finanical gain but it does not mean welfare    See Answer
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