Can someone please explain on economic development or rise in income of people and social development, which includes education, health and public services.
Answers
Answer:
Economic development is the growth of the standard of living of a nations people from a low-income (poor) economy to a high-income (rich) economy. When the local quality of life is improved, there is more economic development. When social scientists study economic development, they look at a lot of things.
Economic development is the increase in growth and welfare of people , improvement of better quality of life and increase in per capita income.
Social development is about improving the well-being of every individual in society so they can reach their full potential. ... Social development means investing in people. It requires the removal of barriers so that all citizens can journey toward their dreams with confidence and dignity.
Social development theory attempts to explain qualitative changes in the structure and framework of society, that help the society to better realize aims and objectives
Explanation:
Answer:
Money is not the only factor responsible for the development of a country. Public facilities, such as education and healthcare, also play an important role in indicating the development of the country. The income of a country may be deceived due to its large population, but the availability of the basic facilities, such as education, health, and public services, the literacy rate, net attendance ratio, life expectancy, the infant mortality rate, etc. also determine the development of a region.
For example, Haryana has the highest per capita income with Rs. 162034, whereas Kerala has only Rs. 140190. However, Haryana has a high infant mortality rate of 33% per annum, but Kerala has only 10% per annum. This is because Kerala has adequate provisions of basic health and educational facilities as compared to Haryana. Thus, even though Haryana has a higher income, Kerala is considered to be more developed.
Hope that helped!