We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. But this one, I like best of all. Basis Economic Development Economic Growth Effect: Brings qualitative and quantitative changes in the economy Brings quantitative changes in the economy Relevance: Economic development is more relevant to measure progress and quality of life in developing nations.

The concept of development: then & now - by Rajendra P Sharma, Nepal Economic Development is increase in Real Per Capita income. MAIN ELEMENTS OF ECONOMIC DEVELOPMENT Economic Development is a Process. , Why is the life expectancy in Sweden in 81.7 and India 65.5?

GDP, PCI are less so the living standard of people is very poor. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads.

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Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Your message goes here If you continue browsing the site, you agree to the use of cookies on this website. Meaning of Development Development is the CAPACITY of the national economy, whose initial economic condition has been more or less static for a long time, to GENERATE and SUSTAIN an annual increase in its GROSS NATIONAL PRODUCT at rates of 5% to 7% There is a stress on the industrialization often at the expense of agriculture and rural development. If you continue browsing the site, you agree to the use of cookies on this website. Economic Growth and Development Prepared by: Geeta Gandhi Ankit Lamba Nishaad sethi Eepsa gupta Shipra goyal Abhishek jain Rajat singh Rahul gupta 2. Economic development means not just increase in the real per capita income but also reduction in economic-divide, poverty, illiteracy and unemployment. Clipping is a handy way to collect important slides you want to go back to later. Four-fifths of the world’s population or about 5 billion people live in poverty in the world. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. The people are ill-treated and half-fed. If you continue browsing the site, you agree to the use of cookies on this website. Comment goes here.

at We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. (b) The process results in the rise in ‘real national income’.

Some of the feature of developing nation are given below: Mass Poverty. I highly recommend this service to anyone in my shoes. The team of writers operates very quickly.