A country can experience economic growth without development when GDP increases but the benefits are not experienced by the population. While GDP may rise due to population growth or other factors, true development requires improving standards of living, education, health and well-being for citizens. Economic growth alone does not guarantee development if increased wealth is not distributed and used to enhance people's lives.
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Can a Country Experience Economic Growth Without Development
A country can experience economic growth without development when GDP increases but the benefits are not experienced by the population. While GDP may rise due to population growth or other factors, true development requires improving standards of living, education, health and well-being for citizens. Economic growth alone does not guarantee development if increased wealth is not distributed and used to enhance people's lives.
A country can experience economic growth without development when GDP increases but the benefits are not experienced by the population. While GDP may rise due to population growth or other factors, true development requires improving standards of living, education, health and well-being for citizens. Economic growth alone does not guarantee development if increased wealth is not distributed and used to enhance people's lives.