1] Qualitative concept Economic development is a quantitative as well as a qualitative concept. It tries to explain the quantitative changes in wants, goods, institutions, higher growth rate, better infrastructure facilities. It is also concerned with social indicators like literacy…
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ECONOMIC DEVELOPMENT – FEATURES
Tagged with: economic development, PCI, Real national income, sectoral, structural change
Posted in Indian Economy
Posted in Indian Economy
ECONOMIC DEVELOPMENT – INTRODUCTION
Economic development has been one of the universally accepted objectives since the Second World War. Economic growth is easy to realize as output can be increased by mobilizing resources and increasing their productivity. Economic development on the other hand is…