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Economic growth is necessary for economic development but not a sufficient proof of economic development. The improvement of people's living condition is a greater assessment of economic development.

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Economic growth is necessary for economic development but not a sufficient proof of economic development. The improvement of people's living condition is a greater assessment of economic development.

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nature of economic development

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1. It contributes to the growth of the economy.

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Which of the following was not an economic effect of colonization?

Global economic development

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No labor means not economic development.

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