economics class 10 development notes
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Economic development is the process by which a nation improves the economic, political, and social well-being of its people. The term has been used frequently by economists, politicians, and others in the 20th and 21st centuries.
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notes of ECO : development
Explanation:
this major chapter point of this chapter is as follows:\
CONFLICTING GOALS: different people have different development goal and two can have conflicting with each other . as what is development for one can be destruction for another person. eg. if a mad put a chemical factory in front of a school , it will lead to progress of that man but it wold be proven destruction for children and staff working in school.
OTHER FACTORS OTHER THAN MONEY : job security, healthy environment are also the important factor other than money.
AVERAGE INCOME: it is the total population /per capita income.
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