Definition of Economic development:
Progress in an economy, or the qualitative measure of this. Economic development usually refers to the adoption of new technologies, transition from agriculture-based to industry-based economy, and general improvement in living standards.
How to use Economic development in a sentence?
- When the country is in a state of economic development putting out the right product at the right time can lead to huge profits.
- When we visited some countries which were still in economic development , citizens gathered around us just to look at my smart phone and showed amazement.
- The country was undergoing a lot of economic development and it was really cool to see because a few years ago their economy was bad.
Meaning of Economic development & Economic development Definition