Single Answer MCQ
Q-00044764

In the context of economic growth and governance, what is meant by the term 'development'?

1

Only economic growth rates

2

Social and economic improvements

3

Political stability

4

Increasing global influence

Answer and Solution

Answer

B. Social and economic improvements

Solution:

Development encompasses not just economic growth rates but also social improvements, equality, and overall quality of life, reflecting a comprehensive understanding of progress.

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