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  • Essay / The Importance of Economic Development - 725

    As a world, we should be like this, we should act, as one, so that we can improve the world and people's lives. As it says in the manual, economic development is not a process that takes years; it’s a process that takes decades. As we can see, economic development is not just about increasing per capita income. It is also about increasing employment rates, increasing the level of education, improving health status, increasing freedom, decreeing poverty and reducing it.