Definitions [1]
Define economic development.
Economic development refers to the problems of underdeveloped countries and economic growth to those of developed countries. Economic development deals with the problems of UDCs. Change is discontinuous and spontaneous. Economic development is not determined by any single factor. Economic development depends on economic, social, political, and religious factors.
Concepts [8]
- Meaning of Development and Underdevelopment
- Difference Between Economic Growth and Economic Development
- Measurement of Economic Development
- Determinants of Economic Development
- Economic and Non-economic Factors
- Causes of Poverty
- Types of Planning
- NITI Aayog (National Institution for Transforming India)
