Question

How is wealth or development defined and measured?

A. Wealth depends solely on what is produced.

B. Wealth does not depend on how and where resources are produced.

C. Development resembles progress in technology and production.

D. Development does not show social or economic progress.

E. Developing new technology and accumulating wealth always provide happiness

Answer 1

Answer: C. Development resembles progress in technology and production

Step-by-step explanation:

The ways of measuring development are through economic welfare, social welfare and technology and production.

A country that is developing has to be making progress in production, technology and social well being. Wealth isn't about what's produced only but s large part if it is about how it was produced and where it was produced.

Therefore, the correct option is C