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According to Maddison, "increasing revenue levels is usually referred to as economic growth in rich
and poor nations, it is referred to as economic development." Economic development procedures
should not only produce increased or improved means of manufacturing, but should also create
space for equitable allocation of such assets. So we imply a process by the word economic
development.
According to Maddison, "increasing revenue levels is usually referred to as economic growth in rich
and poor nations, it is referred to as economic development." Economic development procedures
should not only produce increased or improved means of manufacturing, but should also create
space for equitable allocation of such assets. So we imply a process by the word economic
development
