"Economic development itself is not the overall development "justify.
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economic development itself is not the overall development
factors like literacy rate,sex ratio, improvement in construction are the other factors in which development is based on
economic development can be found good for a person but for other people this development will not be the basis of development
read chapter 1 in economics class 10
you will understand better
hope helps
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- Programs, policies, or initiatives aimed at enhancing a community's economic health and quality of life are known as economic development initiatives.
- Your definition of "economic development" will vary depending on the neighbourhood you are in.
- There are opportunities, problems, and priorities unique to each community.
- The community's residents and workers must be taken into account when planning for economic development.
- The interaction between the various forms of discrimination that many people experience at the same time determines the level of exclusion they experience.
- Extreme exclusion and marginalisation can result from the coexistence of vertical and horizontal disparities, which in turn feeds intergenerational poverty and inequality.
- Fortunately, the negative effects of inequality on democracy, economic progress, peace, justice, and human development are becoming more widely recognised.
- Additionally, it is now obvious that inequality weakens social cohesiveness and raises the danger of violence and instability.
- In the end, social and economic policies are just two sides of the same coin.
- There is an economic case for eliminating inequality in addition to the moral one.
- If inequality keeps increasing, greater growth will be required to end extreme poverty than if economic gains were spread more fairly.
- Equal access to public goods and high-quality services cannot be ensured by growth alone; purposeful policies are needed.
- The most unequal region in the world, Latin America, has a recent history that serves as a good example of what might happen when such policies are implemented.
- During the first ten years of this century, the area achieved great strides toward social inclusion thanks to a mix of economic dynamism and persistent political commitment to tackling poverty and inequality as interrelated issues.
- The definition of "development," on the other hand, varies from person to person and is a very political term.
- A good definition is that it results in an improvement in people's quality of life, whether it is monetarily, socially, psychologically, politically, or spiritually.
- Every person possesses some potential as well as the skills necessary to realise that potential.
- Development eliminates the limitations that keep people from reaching their potential and discovering their full potential.
- These limitations include caste, gender, race, ethnic, religious, illiteracy, lack of skills, poor health, starvation, totalitarianism, disasters (natural or man-made), and others.
- Development thus involves more than simply economic expansion. It has to do with creating a good society.
- A prosperous, educated, highly trained, healthy, and well-fed society is one in which people are not subjected to political persecution or prejudice and are not at the whim of either natural or man-made calamities.
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