PLEASE ANSWER ALL QUESTION 1. Development is the process of structural transformation. Development economics is the study of transformation of economies: transformation of agrarian and rural economies to urban and modern economies, one with dominant traditional sector to one with dominant modern sector, one with population of low skills to one with high skills and one with underdeveloped and informal markets and institutions to one with developed and formal markets and institutions. (a) Briefly explain THREE (3) objectives of Development. [6 Marks] (b) How is happiness related to development? Give your opinion