ECONOMIC DEVELOPMENT‚ 1st definition - it is the sum of growth and change Growth vs. change: Growth - the increase in the kinds and quantities of the available resources Change - the rising standard of living Questions to ponder What is the difference between economic development and development? Which comes first‚ growth or change? Can an economy experience growth without change? TWO CONTEXT OF DEVELOPMENT National - development is a combined effort of both the national and
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The social and economic significance of tourism development on a global scale After studying and understanding how deeply tourism development has significantly impacted on the world‚ I have noticed how closely that the social and economic factors are related‚ and how both of these aspects have direct effect on both tourists‚ and the people that permanently reside at destinations that have been extremely popular amongst tourists. The understanding of how economic and social factors interrelate
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here: Home>Collections>Common Man RELATED KEYWORDS: * Common Man * * * * * Five steps to combat corruption TNN‚ Apr 12‚ 2003‚ 11.06pm IST How can the common man combat corruption in government offices? 1. Common man needs to reform: The common man is himself immoral‚ unjust and corrupt and wants shortcuts to everything. He wants things done out of turn and breeds corruption. Sadly‚ some sections of society end up bearing the brunt of this menace. Ads by Google * SEC Whistleblower
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Economic development Economic development is the development of standard of living of humans. Development in infrastructure‚ health‚ industry‚ education‚ and financial institutions are parts of economic development. Average income of a person‚ life expectancy at birth‚ literacy rate‚ etc. are measurements of economic development. In order to increase the standard of living infrastructure facilities should be developed. Developments in roads‚ irrigation systems are a part of economic development
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SOCIAL DISCRIMINATION IN INDIA: A CASE FOR ECONOMIC CITIZENSHIP Barbara Harriss-White** and Aseem Prakash* I: Introduction Through the Constitution the Indian state promises equality to all its citizens. The various provisions of the Constitution elucidated in the chapters on Fundamental Rights (justiciable) and on Directive Principles of State Policies (non-justiciable) delineate the state’s obligation to provide equal opportunities to all its citizens in social‚ political and economic spheres.1
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INTRODUCTION:- Every country needs the services of financial institutions for accelerating the pace of development. Commercial banks have played a critical role in the economic development of a country. Now a day’s commercial banks are important not just from the point of view of economic growth‚ but also financial stability. In emerging economies‚ commercial banks are special for three important reasons. First‚ they take a leading role in developing other financial intermediaries
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Importance of capital market for the economic development of India Introduction: The capital market is the market for securities‚ where Companies and governments can raise long-term funds. It is a market in which money is lent for periods longer than a year. A nation’s capital market includes such financial institutions as banks‚ insurance companies‚ and stock exchanges that channel long-term investment funds to commercial and industrial borrowers. Unlike the money market‚ on which lending
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[Pick the date] | Home | development | Economic development‚ achieved largely through productivity growth‚ is very important to both developed and developing nations. However‚ even though we know that higher productivity leads to improved economic outcomes there has been no consensus among researchers about either the desired path of development or the role of state in economic development. Concerning the path of development‚ Lall (2001) says that the appropriate strategy for any
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Why India is still a Developing Nation and not a Developed Nation This resource will provide necessary information on why India is still a developing nation and not a developed nation even though there are lots of options provided by the government for the development criteria. India is one of the fastest developing countries in the world. But you can see the fact that the speed of the development is not as good when compared to the other countries that are already developed and
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The Economic and Social Impact of Colonial Rule in India Chapter 3 of Class Structure and Economic Growth: India & Pakistan since the Moghuls Maddison (1971) British imperialism was more pragmatic than that of other colonial powers. Its motivation was economic‚ not evangelical. There was none of the dedicated Christian fanaticism which the Portuguese and Spanish demonstrated in Latin America and less enthusiasm for cultural diffusion than the French (or the Americans) showed in their colonies. For
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