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What else can I help you with?
How economic growth is different from economic development?
Economic growth is defined by increases in GDP. Whereas, economic development is more of a vague measure usually encorporating social measures such as literacy rates or life expectancy as a means of measuring a country's level of development.
What are the demographic characterists with a country with a high level of economic development?
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What is mean by economic development?
How much the economy is growing in that country
Are economic development measures standardized?
Standardized measures of economic development are used to identify the status of one's country, state, or local community.
Why do we need technology?
Information technology is one of our times. In present days, there is hardly any field not touched by the impact of IT. The economic development of the country is directly influenced by IT so we need IT for a country to develop.
What effect does a country's economic development have on international business?
Economic development of a country ensures that the global economy becomes more stable. It also makes international business much easier and lucrative.
. What effect does a country's economic development have on international business?
Economic development of a country ensures that the global economy becomes more stable. It also makes international business much easier and lucrative.
What is the most common method of measuring how rich or poor a country is?
Gross Domestic Product (GDP) per capita is the most common method of measuring how rich or poor a country is. It calculates the average economic output per person in a country and is widely used to compare the economic performance of different countries.
Why the budget is important in a country?
Budget is very essential tool for the economic development of any country.
What country's economic development benefits from its abundant energy resources?
Russia.
Has the Economic Development Board been a success in Bahrain?
Yes, the Economic Development Board has been a major hit in Bahrain with many of the initiatives launched, inward investment coming into the country and government institutions playing a huge role in the development of the country.
What the average income of a person who lives in the country?
The average income of a person living in a country can vary widely based on the country and its economic conditions. In general, it is influenced by factors such as the level of economic development, cost of living, and job market opportunities in that country. It is best to consult specific data or reports for accurate information on average income in a particular country.
