What kind of development is essential for your country write in six points
Answers
Explanation:
Essay on the Meaning of Economic Development
Essay on the Determinants of Economic Development
Essay on the Obstacles or Constraints on the Economic Development
Essay on the Pre-Requisites or Need for Economic Development
Essay on the Structural Changes During Economic Development
Essay # 1. Meaning of Economic Development:
Again Mrs. U.K. Hicks opined, “Economic Development deals with the problem of underdeveloped countries whereas ‘Economic Growth’ deals with the problem of developed countries. In underdeveloped countries the problems are that of initiating and accelerating development.”
Answer:
There is an association between low income and high population growth. The development of a country is measured with statistical indexes such as income per capita (per person), gross domestic product per capita, life expectancy, the rate of literacy, freedom index and others.