write two aspects of development?
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Two aspects of development are:-
- Economic Development or rise of income of people
- Social Development which includes education, health and public services.
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From an economic viewpoint,the term development comprehensively refers to the overall socio-economic progress and well being of the general population in any nation.It basically includes various components of overall social and human development of any country such as per capita income,public infrastructural,services and facilities improvements,birth rate,poverty level and so on.
Explanation:
Major aspects of development:-
- With regards to the overall economic development of any nation,one of the foremost aspects under consideration is the economic growth,which is commonly identified by increase in the national income or the overall GDP of any country.This is a common macroeconomic goal or objective which can be achieved through suitable government policies such as expansionary fiscal and monetary policies,reducing inflation,creating more jobs or employment opportunities,growth in major economic sectors in the economy and so forth.
- Another very important aspect of economic development includes improvement in social well being and human development of the general population of any nation or country.This component of development basically encompasses betterment of various public services and infrastructural facilities such as providence and availability of clean drinking water,reduction or absolute control of child mortality rate,improvement in public health/medical and educational services,proper sanitary system,strengthening women rights and empowerment in society and so on.
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