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4 cards from this section. Quick, good the night before a test.
Define economic development in your own words.
Think about what it means to improve people's lives.
What is economic growth primarily measured by?
Consider what GDP stands for.
What does economic development aim to achieve?
Focus on what is meant by 'improved living standards'.
True or False: Economic growth always leads to economic development.
Think about examples where growth occurs without benefits to everyone.
Critically assess how economic growth can occur without development using examples from different countries.
Consider the outcomes seen in both developed and underdeveloped regions.
Develop a strategy proposal for improving economic development in a low-income country, addressing key components.
Focus on the integration of these components for a holistic plan.
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