Economy, asked by goswamisoham2087, 1 year ago

Brief description about traditional notion of development

Answers

Answered by apoorv22
17


Traditional notion of development implies the following:

a. ​Development in the conventional sense would mean rise in per capita income and growth in the economy.
b. It takes into account the quantitative aspect of development and does not give a broader perspective about the notion of development.
c. It takes into account national income, per capita income, GDP.

The above notion of development doesn't take into account the qualitative aspect and that development also implies leading a good quality life where individuals develop themselves to the fullest. It includes providing good education, health facilities. This gives us a broader picture of development as specified by Human Development index.

i. This would include the literacy rate which is the proportion of the population over age fifteen that can read and write. It gives us a more holistic approach and understanding of the concept of development as it includes those areas which are required to lead a quality life.
ii. Infant mortality rate  which gives ​ the number of children that die before the age of one year as a proportion of 1000 live children born in that particular year. That explains the health stanadards  of a particular state or a country. Average Life expectancy rate is also taken into consideration
Answered by dwivedisuyash333
3

Explanation:

Traditional notion of development implies the following: ... Development in the conventional sense would mean rise in per capita income and growth in the economy. b. It takes into account the quantitative aspect of development and does not give a broader perspective about the notion of development.

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