Question
1) What do you understand as the most important difference between economic growth and economic development? 2) Come up with your own definition of economic
1) What do you understand as the most important difference between economic growth and economic development?
2) Come up with yourowndefinition of economic development. How should it be measured? How would this compare with theUnited Nations Development Program's definitions and measures in itsHuman Development Reports?
Additionally, choose a country of interest to you anddiscuss(in 300-500 wo) how your definition of development could be applied to this country (e.g. identifying the most important areas in which the country needs improvement whether it be in terms of poverty, safety, education, etc.).
United Nations info for question 2 and Human Developments Reports for question 2:
https://www.undp.org/content/undp/en/home/
http://hdr.undp.org
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started