Why is a strictly economic definition of development inadequate?  What do you understand economic development to mean?  Provide hypothetical or real examples of situations which a country may be devleoping economically but may still be underdeveloped?

Q: Critically evaluate how happiness is related to economic development. Use Macroeconomics and…

A: Development in an economy is crucial as it leads to the social alteration of an economy.  When the…

Q: What is the difference between a development goal from sustainable development goal?

A: The UN Millennium Development Goals (MDGs) are 8 goals that its member states have agreed to achieve…

Q: Discuss the 7 keys to economic development.

A: Economic Development Process by which economic well being and quality of life is improved as per the…

Q: What do you think is the importance of innovation in the economic development of a country?

A: The nations around the world tend to operate with the motive of increasing their economic, and…

Q: Explain population growth in More-Developed Versus Less-Developed Countries ?

A: Population growth is an increase in the number of people in a particular period of time. An increase…

Q: Effective usage of Natural Resources and Technological Change is required for any economic…

A: Economic development is described as the process in which economies having low income are…

Q: can you please differentiate economic growth with development?

A: Economic Growth: Economic growth measures the growth and progress of the economy in quantitative…

Q: List at least three prominent characteristics of developing countries that are present in the…

A: Introduction- The Philippines is fundamentally viewed as a newly industrialized country, which has…

Q: Why should the study of agricultural systems, particularly peasant agriculture, and the rural sector…

A: Economic growth and development, according to civil service economic research, is the process by…

Q: Which of the following is the Role of Science and Technology? I. Have the power to better the lives…

A: When talking about the role of science and technology, it can be said that it has a significant…

Q: What is the “rural push” in the context of urbanization in developing countries and in what way…

A: What is the “rural push” in the context of urbanization in developing countries Answer: In…

Q: Why is a strictly economic definition of development inadequate? What do you understand economic…

A: A strictly economic definition of development is considered inadequate because it fails to capture…

Q: o what extend does the environment influence economic development.

A: How economic activity and policies impact the environment in which we live as well as how the…

Q: Among the three core values of development, which among them plays the most important role to…

A: The three basic components or core values of development as were described by Amartya sen were…