what is development? Mention few characteristics of development
Answers
Answer:
In 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.
Explanation:
These are:
It is a continuous process.
It follows a particular pattern like infancy, childhood, adolescence, maturity.
Most traits are correlated in development.
It is the result of interaction of individual and environment.
It is predictable.
It is both quantitative and qualitative.
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Answer:
What may be development for one may not be development for the others. (ii) For development, people look at mix goals. (iii) Income is the most important component of development, but along with income, people also seek equal treatment, good health, peace and security, etc.
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Explanation: