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What are the characteristics of growth in developed countries?

Simon Kuznets specified some characteristics for all DCs (developed countries) as illustrated below:

• Gross National Product growth;

• Population growth;

• Gross National Product per capita growth;

• Productivity growth;

• International trade;

• Structural transformation;

• Social as well as ideological modifications.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9579755

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