The theory of economic development—how primitive and poor economies can evolve into sophisticated and relatively prosperous ones—is of critical importance to underdeveloped countries, and it is …

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 policy of the …

economic development, Process whereby simple, low-income national economies are transformed into modern industrial economies.

Development involves innumerable variables, including economic, social, political, gender, cultural, religious, and environmental factors. But though development theory integrates concepts and …

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 competition is a …

Dec 29, 2025 · Sustainable development is a process of social advancement that accommodates the needs of current and future generations and that successfully integrates economic, social, and …

A great deal has been learned about the types of economic policies that are conducive to rapid economic development. Rates of growth of per capita income experienced by the developing …

Economic growth is usually distinguished from economic development, the latter term being restricted to economies that are close to the subsistence level. The term economic growth is applied to …

Economics is the study of the economy, or the part of a society that creates wealth. Wealth is not just money. Wealth comes from the production of goods and services, which…

Development economics may be contrasted with another branch of study, called growth economics, which is concerned with the study of the long-run, or steady-state, equilibrium growth paths of the …