Explain any two changes that an economy experiences with economic development?

1 answer

Answer

1170478

2026-04-13 13:55

+ Follow

With economic development, one significant change is an increase in income levels, leading to improved standards of living for the population. Additionally, there is often a shift from agriculture-based economies to more diversified ones, including industrialization and services, which creates more job opportunities and enhances productivity.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.