Sales Department Made by the Type of Customer

Theme: FACTORS DETERMINING THE ECONOMIC DEVELOPMENT OF A COUNTRY 1. economical reaping versus economic development frugal development refers to social and scientific progress. It implies a change in the way goods and services be produced, not merely an improver in production achieved using the old methods of production on a wider scale. Economic produce implies only an increase in quantitative output; it whitethorn or may not involve development. Economic growth is often measured by rate of change of coarse domestic product. Gross domestic product (GDP) is the aggregate value-added by the economic activity within a countrys borders. Economic development typically involves improvements in a variety of indicators such as literacy rates, life expectancy, and poverty rates. GDP does not want into account important aspects such as leisure time, environmental quality, freedom, or social justice; alternative measures of economic wellbeing have been proposed. A countrys economic development is link to its human development, which encompasses, among other things, health and education.

Economic development is the increase in the standard of living of a nations race with sustained growth from a simple, low-income economy to a modern, high-income economy. Its mountain range includes the process and policies by which a nation improves the economic, political, and social well-being of its people. 2. Factors of the Economic Growth 2.1 ECONOMIC AND NON ECONOMIC FACTORS a). factors that ar conditioning the powerful ional GDP and at the same time are the factors that are determining the economic growth b). economic factors are: labor, capital, treasures, land and entrepreneurship c). mean of the technical development d). factors that are determining productivity (b+c) e). non economic factors are: political system, education, health department,... If you want to get a blanket(a) essay, order it on our website: Orderessay

If you want to get a full essay, wisit our page: write my essay .