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INDICATORS OF GROWTH AND DEVELOPMENT — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsINDICATORS OF GROWTH AND DEVELOPMENT1 Mark
Question
State the definition of Simon Kuznets for economic growth.
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Answer

“A long term increase in capacity of a country to supply diverse economic goods to its people is known as economic growth”.

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