IEcoS (Economic Services) Indian Economics History of Development and Planning-Alternative Development Strategies Study Material (Page 1 of 1)

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Economic Development

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Economic Development

  • The economic development is a comprehensive concept.
  • It implies progressive changes in the socio-economic structure of a country.
  • Economic development means economic growth with structural changes in favor of non-agricultural activities. This implies that the share of agriculture sector in GDP should decline and share of industrial and service sector should increase.
  • This is a reflection of changing demand for goods and services and changing demand fā€¦

ā€¦ (439 more words, 8 figures) ā€¦

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Economic Development and Sustainable Development: Different Views on Economic Development, Definition of Economic Development, Sustainable Development

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Economic Development and Sustainable Development

Different Views on Economic Development

Classical Views of Economic Development

  • Economic development traditionally referred to as economic growth by the classical and neo classical economists. The economists such as Adam Smith, Dā€¦

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