1. Development means change for the better/ progress over a period of time.
  2. It comprises of social, political, economic, and cultural elements or issues.
  3. All economies- developed or developing aim at development i.e. quality education , medical care, nutritive food , and better living conditions to improve the quality of life of people.

[Economics] Meaning of Development - Class 10 Teachoo - Concepts - Concepts

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