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    Deepakshi

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    Subham Sah
    1. The document discusses qualitative and quantitative aspects of economic development. It touches on concepts like material production, GDP, GNP, productivity, and industrialization. 2. A key point is that as economies develop, they tend to shift from material production to a knowledge-based economy with an emphasis on technology, innovation, and human capital. 3. Economic growth allows populations to have more opportunities and improved standards of living over time through public investments in areas like education, healthcare, and infrastructure.

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    Deepakshi

    Uploaded by

    Subham Sah
    14 views4 pages
    1. The document discusses qualitative and quantitative aspects of economic development. It touches on concepts like material production, GDP, GNP, productivity, and industrialization. 2. A key point is that as economies develop, they tend to shift from material production to a knowledge-based economy with an emphasis on technology, innovation, and human capital. 3. Economic growth allows populations to have more opportunities and improved standards of living over time through public investments in areas like education, healthcare, and infrastructure.

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    Deepakshi (7)

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    1. The document discusses qualitative and quantitative aspects of economic development. It touches on concepts like material production, GDP, GNP, productivity, and industrialization. 2. A key point is that as economies develop, they tend to shift from material production to a knowledge-based economy with an emphasis on technology, innovation, and human capital. 3. Economic growth allows populations to have more opportunities and improved standards of living over time through public investments in areas like education, healthcare, and infrastructure.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    14 views4 pages

    Deepakshi

    Uploaded by

    Subham Sah
    1. The document discusses qualitative and quantitative aspects of economic development. It touches on concepts like material production, GDP, GNP, productivity, and industrialization. 2. A key point is that as economies develop, they tend to shift from material production to a knowledge-based economy with an emphasis on technology, innovation, and human capital. 3. Economic growth allows populations to have more opportunities and improved standards of living over time through public investments in areas like education, healthcare, and infrastructure.

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    © All Rights Reserved
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    Download as pdf or txt
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