Q1: Define Economics Development. Ans: Economics Development is a process in which real national income rises during the long period. If the rate of...
Tag - Economic Development
Different economists have used various measures to access the level of development at a particular time. Some measures have been given below: Prof. W.W...
Reasons or Need for Studying Development Economics or Scope of Development Economics Here we shall concentrate upon that what is the need behind studying...
In the 17th century there emerged Industrial Revolution in Europe accompanied by a wider use of machines rather manpower; there was a chain of discoveries and...
Key Benefit: Economic Development, Twelfth Edition-the leading textbook in this field-provides students with a complete and balanced introduction to the...
The Theory of Economic Development An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle Schumpeter proclaims in this classical analysis...
Meaning of Technology: By technology, we mean “the body of scientific and technical knowledge which is used to improve production process”. In other...
Prerequisites mean those pre-conditions and factors which should be available for economic growth and development. After a deep study of economic growth and...
The remedial measures mean removing the obstacles or barriers to economic development. Removing these barriers is a difficult task for economic planners. The...
Anything that adversely affects the process of economic development may be considered a barrier or obstacle. It is an analysis that these obstacles are...