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Economic development is not just about income; but, to achieve a high level of well-being for the average person, a society that is starting out

"Economic development is not just about income; but, to achieve a high level of well-being for the average person, a society that is starting out at a low level of income per person needs to achieve and sustain rapid economic growth." Do you agree or disagree? Discuss critically.

There is no "right" or "wrong" answer to the questions. Your answers will be judged based on the quality of your analysis and reasoning, not whether you "agree" or "disagree" with the propositions in the questions. A high quality answer will focus on concepts, arguments, and evidence (whether qualitative, quantitative, or both), and not on merely stating opinions that fail to be backed up by analysis.

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