In defining development to include more than just the growth of per capita income, there is an implicit assumption that the growth of per capita income alone is not sufficient to guarantee the reduction of poverty and the growth of self-esteem. Is it possible that there could be growth of per capita income without the achievement of these other objectives?

Q: Descibe differences between economic growth and economic development

A: Definition of Economic growth Economic growth is described as an increase in the monetary value of…

Q: Explain the role of human capital in economic development

A: According to the given question Human capital in economics is defined basically as an human resource…

Q: Discuss the assertion that "there can be growth without development."

A: Economic growth estimates an expansion in Real GDP (genuine yield). Gross domestic product is a…

Q: TRUE OR FALSE. Development is experienced in quantitative and qualitative terms. A Assessing state…

A: 1. Development is experienced in quantitative and qualitative terms. TRUE

Q: PROVIDE BRIEF NOTE ON POPULATION GROWTH?

A: Population growth refers to the changing patterns of birth rates and death rates of a country over a…

Q: Describe and justify your choice of the most appropriate indicators, such as GDP, literacy rates,…

A: The measure which estimates the value being added in a country which is the sum of the final value…

Q: Assume the total real income of a developing country increases from $8.5 billion to $8.5 billion,…

A: Real GDP per capita can be calculated as follows: Total real income of the country is 8.5 billion…

Q: Which of the following two countries A and B ceteris paribus do you expect to have the higher…

A: A - Country A will have higher level of GDP growth because it features a higher GDP per capita

Q: How can technology and interventions in development offset the pressures of population growth?

A: Development refers to the growth of the economy of a nation along with socio-economic factors such…

Q: Modified True or False Economic Development is a wider concept than economic growth.

A: Economic growth is a quantitative and tangible indicator of the formal economy, primarily focused on…

Q: Relate population growth and age structure to the level of economic development in different…

A: Population growth is a surge in total population in an economy. Age structure is known as the…

Q: The process by which a population gradually moves from high birth and death rates to low birth and…

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: How does democracy promote development

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: Economic development is unsuccessful to stabilize population growth in LDCs because of certain…

A: The increase in the number of human beings On the planet is known as population growth.Our…

Q: What has surprised you most about the measurement of economic development?

A: The United Nations Development Programme's first Human Development Report, issued in 1990,…

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: Explain what we mean with economic development and then discuss the relation between GDP/capita and…

A: The macroeconomic concept of economic growth is used to determine the increase in wealth and…

Q: development in an ec

A: Depending upon the balance of the number of births and deaths, the change in the population size…

Q: b) i. Explain two reasons why some analysts argue that FDI will promote development & ii. two…

A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…

Q: In relative terms, what accounts for more of the growth slowdown, if we break it down to just human…

A: Answer- Need to find- In relative terms, what accounts for more of the growth slowdown, if we break…

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: According to you, which one is the most important development indictor? Provide justification to…

A: Development indicators are Usually a mathematical proportion of Quality/standard of living in a…

Q: Define development, rural development and Illustrate with examples the concept of rural development…

A: Rural development is critical not just for the number of people who live in rural communities, as…

Q: he primary focus of development strategy during the 1950's , after the war is to rebuild nations…

A: Least Developed Countries (LDCs) are low-income countries that face serious structural barriers to…

Q: Explain the difference between economic growth and economic development

A: The gross domestic product(GDP) is defined as the market value of all the final commodities(goods…

Q: Why is an understanding of development crucial to policy formulation in developing nations? Do you…

A: Development is a process through which a country can boost its economic growth. Most of the…

Q: In 2011, Cambodia had a GDP of $33.8 billion and a per capita GDP of $2,200. Nearly a third of its…

A: A developing country is a country which follows traditional growth practices such as agriculture and…

Q: Compare the dualistic development approach of "Modern-Sector Enlargement" with the dualistic…

A: Modern sector enlargement:- The two-sector economy develops by extending the scale of the modern…

Q: contrast the current stage with the highest development stage that our country can aim fo

A: Development: It refers to the system under which the government will try to make the growth in the…

Q: It is not possible for a country to experience A. economic growth and economic development…

A: Economic development usually takes precedence over economic expansion. Economic growth refers to the…

Q: Which of the following is the closest to the concept of economic  development? a.     economic…

A: Economic development:- Economic development can be explained as the process to transitioning…

Q: What are the differences between official development assistance (public foreign aid) and private…

A: Meaning of Foreign Aid: The term foreign aid refers to the situation where the central authority…

Q: Why is economics central to an understanding of the problems of development?

A: Economics brings the significant changes to the structure of the economy, its institutions such as…

Q: What role does population growth play in economic development?

A: Answer: Introduction: Traditionally, economic development is considered the same as economic growth.…

Q: The government recognized that continued population growth does not necessarily have negative effect…

A: In Malaysia, twelve five year plans are introduced till now and they all have their significance…

Q: Why is development participation not used more often despite its potentially decisive role in…

A: Local communities are involved in development projects through participatory development (PD). Since…

Q: should any analysis of development problems place heavy emphasis on the study of agricultural…

A: In public sector economic research, economic and social development is the process by which the…

Q: Discuss the features for assisting the growth process of nations towards becoming developed…

A: Economic growth is the process by which a country's wealth grows over time. Although the term is…

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

A: Traditionally, GDP is used to determine the development of the economy. However, it does not reflect…