Saturday, August 28, 2010

Development

Note: I will separate each posts into an easy part and a hard part, indicated by a line. 

The easy definition: This a hard term to define (that just totally beats the purpose of an easy definition...). Anyways, development can be defined as a qualitative term: How much have the quality of your life have increased by.

Development is an increase in life quality....such as PIZZAS!

_____________________________________________________________________

 The nerd definition: Leading economist Micheal Tornado Todaro have defined development as a goal. Does the country have the basic necessities such as food, water, shelter, etc? Did it raised its living standards, employment, and education? Did it gave people economic and social choice?

Countries, based on the questions mentioned above are divided into MDC (more developed countries), and LDC (Less developed countries)

Another important concept that ties closely to this is Sustainable Development.

No comments:

Post a Comment