HLips8AlexPa7igepont HLips8AlexPa7igepont

31-01-2016
History

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Which of the following is an accurate definition for economic development?
a. the level of economic, political, and social well being of a nation's people
b. the market value of all final goods and services produced within a country in a given period of time
c. a nation's gross domestic product divided by total population
d. a measurement of worth or cultural superiority

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HistoryGuy HistoryGuy

04-02-2016

The best option in terms of an accurate definition for economic development would be "a. the level of economic, political, and social well being of a nation's people," since "developed" nations usually have more of these things than "undeveloped" nations.

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