7. The difference between social aspect and economic aspect of development.
Answers
Answer:
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Explanation:
Social development thus has been a concept with multiple meanings, encompassing at least three connotations developed extensively in the literature pertaining to the social sphere. At its most basic level, social development simply suggests improvement in the conditions and quality of life of the population. Greater levels of wealth, technological advancement, and public policies permit people to live better, to consume more, to feed themselves better, and to get sick less frequently. This idea of social development is inextricably linked to the idea of economic and material advance of human society. A second approach emerges from considering social development in terms of the distribution of the wealth that societies generate. Here, the economic dimension still constitutes a powerful factor in determining social development, but the latter occupies a space of its own, in the distributive sphere. Finally, a less normative or economistic perspective on social development identifies the latter with the processes of social differentiation and social complexity associated with the capitalist and industrial transformations that gave rise to the modern world.
Explanation:
Economic development
Economic change is a process in which agriculture, industry, trade, transport, irrigation, power resources etc. are improving. It is related to the improvement in the economic condition of people and the country as a whole. Economic development can be achieved by creating employment opportunities to those who are unemployment or by creating better employment opportunities to those who are already employed. Better employment opportunities generate more incomes and when income is good, people can improve their living conditions. Expanding activities such as agriculture industry and services help to generate more incomes. One of the working definitions of economic development is that it is a process whereby an economy’s real national income increases over a long period of time.
2. Social Development
Social development is related to the improvements in health, education, housing, drinking water, etc. and the social status as a whole. Improvement in them may be indirectly related to economic development because if income increases, people can enjoy better health, education, nutritional food and housing. If the people are poor, they can suffer malnutrition, sickness, illiteracy, homelessness, etc. So, the essence of economic development is the growth of output or real income per head of population.
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