Q.i Write the definition of economic progress as given by Professor Arthur Lewis.

Ans: Economic Progress/Economic Development:
According to Professor Arthur Lewis The increase in the production of                                                                           goods and services is called economic development. To lead a better fe
According to Professor Arthur Lewis, “The increase in the production of
fundamental changes are brought about in the economy which results in
economic development. In short, the movement of a backward economy
towards becoming a developed economy is called economic development