Which of these is NOT generally associated with "economic development"?
Correct answer: C. increasing levels of foreign aid
- A. capital accumulation
- B. rising per capita incomes
- C. increasing levels of foreign aid
- D. increasing skills in the population
Explanation
Economic development is normally measured through changes such as capital formation, higher per capita income, and improved human skills. Foreign aid may contribute to development, but increasing aid itself is not a standard indicator of it.
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