Social economic and non economic factor in development, Business Economics

Assignment Help:

What are the social economic factors and non economic factors in the development process?

Development is a process including change into a number of social economic and non economic factors comprising:

a. Economic: structural change within sectors for example, from agriculture to manufacturing dominating GDP or enhanced infrastructure;

b. Social: people shift through rural to cities leaving behind a manner of life;

c. Cultural: As an example, appointment onto merit quite than on the basis of traditional loyalty to tribe or family

d. Political: There laws enforcing property rights as well as contracts emerge

e. Development is a process involving change. Structural modify is painful creating a loss of traditions or winners and losers.


Related Discussions:- Social economic and non economic factor in development

OLIGOPOLY, EXPLAIN WHY INTERDEPENDENCE IN OLIGOPOLY RESULTS IN A TENSION BE...

EXPLAIN WHY INTERDEPENDENCE IN OLIGOPOLY RESULTS IN A TENSION BETWEEN COOPERATION AND COMPETITION.

Business Economics, (a) Explain why each of the following factors may influ...

(a) Explain why each of the following factors may influence the own price elasticity of demand for a commodity. (i) Consumer preferences, that is, whether consumers regard the comm

How micro or microfinance credit assists in financial market, How is Micro ...

How is Micro or Microfinance credit assists in financial markets? Micro or Microfinance credit assists: • Grow businesses and raise the income of the poor • Extra income

Formulate qualitative forecast, Suppose you are the only market analyst in ...

Suppose you are the only market analyst in your company's management team. Your company belongs to the energy industry. It is an oil and gas company engaged in the exploration, d

Producing the standard level products, Provisionally the new software is ca...

Provisionally the new software is called SafeCus with two projected levels of service - Premier and Standard. The Premier Level could be on sale within a year and will provide b

Microevironment factors, what microevrionmental factors have affected Sony'...

what microevrionmental factors have affected Sony''s performance since 2000

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd