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Jun 21, 2025 · economic development, the process whereby simple, low-income national economies are transformed into modern industrial economies. Although the term is sometimes …

economic development, Process whereby simple, low-income national economies are transformed into modern industrial economies. Theories of economic development—the …

The aim of economic development is to improve the material standards of living by raising the absolute level of per capita incomes. Raising per capita incomes is also a stated objective of …

The increasing capacity of a developing country’s entrepreneurs to adapt their resources and internal economic organization to the pressures of world-market demand and international …

Jun 24, 2025 · economic growth, the process by which a nation ’s wealth increases over time. Although the term is often used in discussions of short-term economic performance, in the …

Modern economic development started in Great Britain, which in the 1780s accounted for a little over 1 percent of the total world population at that time. Since then, economic development …

Jun 23, 2025 · sustainable development, approach to social, economic, and environmental planning that attempts to balance the social and economic needs of present and future human …

Most development theory equates development with national economic growth and sees the state as its primary agent; consequently, one of its central concerns is to understand and explain the …

May 12, 2025 · Economics, social science that seeks to analyze and describe the production, distribution, and consumption of wealth. Economics was formerly a hobby of gentlemen of …

Jun 11, 2025 · The most common way of identifying a country as developing is by using an economic metric, particularly GDP or per capita average income. Researchers using these …