Give reasons why economic growth may not necessarily be accompanied by economic development.

• When there is uneven income distribution existing in the country
• When there is high unemployment level
• When there is no improvements in the quality of goods and services
• When there is high inflation tendencies
• When there is high level of foreign dependence
• When there is increasing national debt
• When there low levels of education
• When there is political instability
• When there is worsening balance of payment

NB.

Can there be economic growth with economic development?

Economic development is multi-dimensional in nature as it focuses on both income and improvement of living standards of the people. Economic development is concerned with the happiness of public life. Economic development comes after economic growth. It is a positive impact of economic.