What is the concept of the development, Microeconomics

Assignment Help:

What is the concept of the development?

The concept of the development:

Development is a complicated multi-dimensional concept to do along with enhancements in the human well-being

• Growth is only one dimension of development. Development does not necessarily mean growth.

• Development is measured through outcomes that is development arises while key indicators of human well-being enhance

• The HDI is better way of measuring development than national income statistics but is yet flawed

• Growth is a process involving change. Structural modification is painful creating winners as well as losers and a loss of customs

• Countries can be illustrated but not stereotyped

Country-by-country progress within development/growth can be measured against UN Millennium Development objectives.


Related Discussions:- What is the concept of the development

What are subsidies, What are subsidies?  Almost in all market systems, ...

What are subsidies?  Almost in all market systems, government plays its role to stabilize the price of certain commodities, which are of public interest like medicines and edib

Optimal consumption bundle and marginal utility per dollar, What is the opt...

What is the optimal consumption bundle and marginal utility per dollar? The optimal consumption bundle is the consumption bundle which maximizes a consumer's total utility sp

What is diffusion and effusion of gases , what is diffusion and effusion of...

what is diffusion and effusion of gases? Describe Graham''s law of diffusion, effusion. Diffusion of gases While during two gases are brought together they mix with each other in

Explain about capital flight, Q. Explain about Capital Flight? Capital ...

Q. Explain about Capital Flight? Capital Flight: A destructive process in that investors (both domestic residents and foreigners) withdraw their financial capital from a countr

Third degree price discrimination, Question: Third degree price discriminat...

Question: Third degree price discrimination Suppose that a monopolist faces two markets with demand curves given by D(p 1 ) = 100 - p 1 D(p 2 ) = 100 - 2p 2 Assume that

Money, what is money? functions

what is money? functions

What is mixed economy, Mixed Economy: This type of economic system combines...

Mixed Economy: This type of economic system combines the features of both the capitalist and socialist economic systems. The private sector is allowed to function on the principles

Meaning and characteristics of plural sense and singlural , meaning and cha...

meaning and characteristics of plural sense and singlural

Monopoly, if the inverse demand curve is p=120-Qand the marginal cost is co...

if the inverse demand curve is p=120-Qand the marginal cost is const ant at 10 ,

Theory of production, when total production fall what,s the status of avera...

when total production fall what,s the status of average product and marginal product

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