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19 wrz 2020 · Broadly, economic development is taken to be the structural transformation of an economy by introducing more mechanized and updated technologies to increase labor productivity, employment, incomes, and standard of living of the population.
2 kwi 2020 · As such, development should be seen as a process of improving the lives of people considering three main objectives: raising living standards; creating conducive conditions to enable...
The literature on the "concept of development"-whether explicitly put forward or discussed by implication- has to be examined in this broad perspective related to economics in general, rather than only in terms of "development economics" narrowly defined.
1 sty 1988 · This chapter discusses the concept of development. It is not hard to see why the concept of development is so essential to economics in general. Economic problems involve logistic issues, and a lot of it is undoubtedly “engineering” of one kind or another.
development involves changes to socio-economic structures – including ownership, the organization of production, technology, the institutional structure and laws. 3 In this conceptualization development relates to a wide view of diverse socio-
This chapter discusses the meaning, calculation, and basic indicators of economic growth and development; the classification of rich and poor countries; the price-index problem; the distortion in comparing income per head between rich and poor countries; adjustments to income figures for purchasing power; alternative measures and concepts of ...
Development is basically an economic concept that has positive connotations; it involves the application of certain economic and technical measures to utilize available resources to instigate economic growth and improve people’s quality of life.
