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One reason that economic growth is a good indicator of development is that it reflects an increase in the overall production and consumption of goods
One reason that economic growth is a good indicator of development is that it reflects an increase in the overall production and consumption of goods and services within a country. This can lead to higher standards of living, improved infrastructure, and increased job opportunities for the population. On the other hand, economic growth is not an adequate measure of development because it does not capture the distribution of wealth and resources within a country. While a country may experience significant economic growth, it does not necessarily mean that all segments of the population are benefiting equally. Income inequality and disparities in access to basic services such as healthcare and education can persist even in the presence of economic growth. Therefore, additional indicators such as measures of social development and well-being are needed to provide a more comprehensive assessment of development
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