Professional Documents
Culture Documents
Econ2 - No.1
Econ2 - No.1
Development is a process that creates growth, progress, positive change or the addition of
physical, economic, environmental, social and demographic components. The purpose of
development is a rise in the level and quality of life of the population, and the creation or
expansion of local regional income and employment opportunities, without damaging the
resources of the environment. Development is visible and useful, not necessarily immediately,
and includes an aspect of quality change and the creation of conditions for a continuation of that
change.
Also, is not an easy process, and is not a one shot process. It is more realistic to believe
that development is a long process, requiring hard work and sustained effort of working and
solving economic problem. As we are now in this digital age, where everything is instant, where
in just a click of a finger, a wink of an eye, or just a press of a button or a click of a laptop
mouse, you can have everything you wish in your front at an instance, many become impatient to
achieve development.
Concept development as condition refers to the economic growth, it does not take
account on the qualitative aspect of development. Its refers as to the traditional approaches to see
the development as simply as economic growth that substitute to the economic development.
While concept of development as process are not an economic phenomenon but a multi-
dimensional process that involves change or reorganizations, reorientation of the economic and
social system, in which improves the way of living of a person, human conditions, such as
reduction or elimination of poverty, unemployment, illiteracy, inequality, disease, and
exploitation. Its make people more accountable for their own needs and not to defend on others
or in their governments. It makes the core of the economy or its citizens to be more responsible
to choose their trustworthy leaders to lead and guide them for the best future and best economical
standing for their futures.