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What I Understand From Term "Development" - Online Essays

What I Understand From Term "Development"

From what I understand from the term, a developed country, it is the dividing
line between an advanced country and a developing country. It is generally
based on per capita income. Those with per capita incomes of less than one
fifth of the level of those in the US are considered 'undeveloped'.
The definition is very similar to explanation of wealth and poverty. It also
suggests the balance of power between the two countries which are at different
stages of development.
This definition of development is not totally agreeable because it is
quitecommon for a country's national income to grow quite substantially without
benefiting the poor sections of the country as much as the rich. ...

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multi dimentional process whereby societies improves their
living standard, reduce inequalities and abolish poverty among their members.
The state of development theory is not of a standard that enables us to make
generalised statements. IUt sounds very idelaistic. However the term
development just cannot be measures on statistics and incomes of the population.
It needs to be investigated whether the income i eequally distributed and
whether there is an availability of various services. ...

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What I Understand From Term "Development". (2004, March 13). Retrieved January 22, 2025, from http://www.essayworld.com/essays/What-I-Understand-From-Term-Development/4473

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PAPER DETAILS

Added: 3/13/2004 03:50:47 AM
Category: Economics
Type: Free Paper
Words: 264
Pages: 1

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