Question

is it possible to achieve higher economic growth without development ? explain your answer

Answer 1

Answer - Yes , higher economic growth is possible without the higher developement. The higher economic growth will be measured in terms of GDP , productivity , rightward shift in PPC and increase in the resources. If the economy has shifted rightward on PPC , if its GDP has increased , it is discovering new methods of production , producing more, then it will be called economic growth. This all is possible to attain without development also. Development here means education , health , increasing the standard of living etc. Without this development also the economic growth is possible.