Growth and Development in economics
- Created by: dhairya
- Created on: 15-11-12 04:33
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- Growth & Development
- Development
- Selective attack on the worst forms of poverty
- Indicators
- Gradual reduction and eventual elimination of poverty illiteracy, unemployment etc
- Progressive changes in socio-economic structure of a country
- Decline in the share of primary sector to the GDP & increase in the share of tertiary sector
- Progressive changes in socio-economic structure of a country
- Output= Gross or Net National Product
- Extent of urbanisation,degree of industrialisation,human development index
- Gradual reduction and eventual elimination of poverty illiteracy, unemployment etc
- Indicators
- Traditional approach to development
- Considers human beings as the centre of economic development
- Aims at welfare of max. population
- Considers human beings as the centre of economic development
- Growing economy approach to development
- Defines development in totally economic terms
- Decline in the share of primary sector to the GDP & increase in the share of tertiary sector
- Defines development in totally economic terms
- Selective attack on the worst forms of poverty
- Growth
- Increase in country's real output of Goods and Services Over a period of time
- Indicators
- Gradual reduction and eventual elimination of poverty illiteracy, unemployment etc
- Progressive changes in socio-economic structure of a country
- Progressive changes in socio-economic structure of a country
- Output= Gross or Net National Product
- Extent of urbanisation,degree of industrialisation,human development index
- Gradual reduction and eventual elimination of poverty illiteracy, unemployment etc
- Indicators
- Increase in country's real output of Goods and Services Over a period of time
- Development
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