Social development is linked to economic progress from "summary" of Economic Development by Michael P. Todaro,Stephen C. Smith
Social development is closely intertwined with economic progress. The two are mutually reinforcing, with improvements in one area often leading to advancements in the other. For example, when individuals have access to better education and healthcare, they are more likely to be able to participate in the workforce and contribute to economic growth. Additionally, economic growth can create more opportunities for people to access higher education and healthcare, leading to further social development.
Furthermore, economic progress can also lead to improvements in social indicators such as poverty reduction, increased life expectancy, and greater gender equ...
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