What is Development?

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What is Development?

  • A specified state of growth or progress or advancement
  • Changes in attitude, culture and living standard
  • It usually refers to the adoption of new technologies, transition from agriculture based to industry based economy and general improvement in living conditions

What is Growth?

  • An increase in the capacity of an economy to produce goods and services, compared from one period of time to another 
  • Accumulation of resources and increase in resources

Why Development is Needed?

  • Social improvement and better living conditions
  • Justice ensured for all
  • Attaining peace and welfare


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