In the development of nation management is most necessary explain
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Among the live factors of production, management is the most important. It acts as a leader, and it takes out work from the other factors. Management establishes effective coordination among different factors of production.
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Hello buddy here is your answer :-
the economic study of the public sector, economic and social development is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and objectives.
The term has been used frequently in the 20th and 21st centuries, but the concept has existed in the West for far longer. "Modernization", "Westernization", and especially "industrialization" are other terms often used while discussing economic development.
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