What is development? Write the main five characteristics of development.
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Development economics is a branch of economics that
focuses on improving fiscal, economic, and social conditions in
developing countries. Development economics considers factors such as
health, education, working conditions, domestic and international
policies and market conditions. The field also examines both
macroeconomic and microeconomic factors relating to the structure of
developing economies and domestic and international economic growth.
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development means making efforts in positive direction to gain social and economic status
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