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

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsINDICATORS OF GROWTH AND DEVELOPMENT2 Marks
Question
State the two limitations of economic growth.
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Answer

Economic growth takes into consideration only the quantitative change.
The concept of economic growth is narrow and reflects only the rise in the rate and extent of output.

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