Reasons for Economic Development

February 13, 2023 1 Min read Views 69 BLOG

Economic development, economic progress, and economic growth – these are the main processes by which a country earns its income. The economy functions as a platform that allows businesses to grow and prosper, while delivering a good level of living to its citizens. The basic function of an economy is to provide jobs for people so that they can earn money to pay for things like food, shelter and education.

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