Question

How the notion of development has changed over period of time

Answer 1

There are many terms used in respect to World Development, common terms include "Less Developed Countries", "Third World" and "Developed Countries". There is also the more recent and politically correct MEDC's and LEDC's, both being introduced as a sign of the growing awareness that poverty is not just about economic status. At one time it was strongly thought that a countries development was purely based on its wealth. This led to the North/South divide where the northern hemisphere was predominantly developed and the southern hemisphere mostly underdeveloped. This relationship can clearly be seen in the diagram below, the main exception to the rule being Australia and New Zealand. World GNP 1997 It was however suggested that these underdeveloped countries would follow a route of economic growth as illustrated by Rostow's 1960 model. The model was based on a study of 15 mainly European countries, the main prospective being on industrialisation and economic position. The model proposes that a country can break the cycle of poverty and underdevelopment by following a succession of linear stages, five to be exact. .

Answer 2

Answer:

The Notion is an "adequate concept" (for example, Marx's definition of capitalism as the society of "generalised commodity production"), but it is not yet a whole concrete theory-and-practice of the thing, which is the outcome of a whole process of development of the notion in its interconnection with practice.