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Development is broader than growth

Development is broader than growth

Policy map showing liberalisation, aid, debt relief, industrialisation strategies and FDI feeding into economic development, with success depending on institutions, infrastructure, stability, skills, governance and time period

Economic development means sustained improvement in living standards, not just higher output. It includes income, health, education, lower poverty, stronger institutions, and greater freedom.

Solutions Lesson

  1. A Level
  2. /Economics
  3. /Solutions