By defining development to include more than just growth in per capita income, it is implicitly assumed that growth in per capita income alone is not sufficient to ensure poverty reduction and increased self-esteem. Is it possible that there can be growth in per capita income without the achievement of other objectives (what are the other ingredients of Econ Development)?

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Yes it is possible for there to be growth in per capita income without the achievement of other objectives related to economic development Economic de... View the full answer