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  • Economic development | Definition, Examples, Programs, Importance . . .
    economic development, the process whereby simple, low-income national economies are transformed into modern industrial economies
  • economic development summary | Britannica
    economic development, Process whereby simple, low-income national economies are transformed into modern industrial economies Theories of economic development—the evolution of poor countries dependent on agriculture or resource extraction into prosperous countries with diversified economies—are of critical importance to developing nations
  • Economic development as an objective of policy - Encyclopedia Britannica
    The aim of economic development is to improve the material standards of living by raising the absolute level of per capita incomes Raising per capita incomes is also a stated objective of policy of the governments of all developing countries For policymakers and economists attempting to achieve their governments’ objectives, therefore, an
  • Economic development | Definition, Examples, Programs, Importance . . .
    Modern economic development started in Great Britain, which in the 1780s accounted for a little over 1 percent of the total world population at that time Since then, economic development has spread in widening circles to other parts of the world, spurred on by a series of technological innovations, particularly in the form of improvements in
  • Economic development | Definition, Examples, Programs, Importance . . .
    The role of the international economy In the modern view of development, an open, expanding international economy is the greatest support that the developed countries can provide for developing countries Foreign aid can be extremely helpful in situations in which policies are conducive to development, but development will in any event be
  • Economics | Definition, History, Examples, Types, Facts | Britannica . . .
    Economics, social science that seeks to analyze and describe the production, distribution, and consumption of wealth Economics was formerly a hobby of gentlemen of leisure, but today there is hardly a government, international agency, or large commercial bank that does not have its own staff of economists
  • Sustainable development | Definition, Goals, Origins, Three Pillars . . .
    sustainable development, approach to social, economic, and environmental planning that attempts to balance the social and economic needs of present and future human generations with the imperative of preserving, or preventing undue damage to, the natural environment
  • Development theory | Economics, Political Science Globalization . . .
    Development involves innumerable variables, including economic, social, political, gender, cultural, religious, and environmental factors But though development theory integrates concepts and perspectives from a range of disciplines, it was highly influenced by economic thought from the start


















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