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Economics A Level (DONEEEEEEE)

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Pregunta:

Why can looking at Development help give a Greater Picture on Standards of Living

Autor: eric_galvao



Respuesta:

-Growth and Unemployment don't tell the Full Story, and it's better to see the Economic Development -This means finding the Level of Social and Human welfare, which is seen as the Quality of Life -Economists need More Indicators therefore than just Economic Growth, Inflation and more. This becomes evident when seeing the Difference between the UK and Niger. A Rich Developed Nations vs A Poor Developed Nation


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