- Created by: Bennie70
- Created on: 26-09-15 20:12
Economics growth and human development
Economic froth is an increase in output in a short run but in a long an increase in product potential. And economic development is improving people's well being and their quality of life . Economic growth may not lead to economic development,firstly because economic growth can be caused by high pollution whish does not increase the quality of life .
Also economic can be caused by increase in income,however unequal distribution income .