Sunday, August 1, 2021

Essay on economic development

Essay on economic development

essay on economic development

The objective of it was to increase the rate of economic growth. The plans started after the completion of the first phase of the land reform campaign. "China was basically a land of individual peasant owner-cultivators."(Meisner, ) This allowed the Chinese Communist Party to be able to develop a plan for the nation's economic development General good health among the members of a society is a factor concerning the effects of health and economic development. In such countries, a lack of basic health amenities like good hospitals and competent health care affects the ability of the citizens to produce at an optimal level Apr 30,  · And the rapid economic successes both achieved in recent history, China since and India since , have helped to push Asia towards an unprecedented level of prosperity. People like to connect Asia’s massive growth in both productivity and living standards over the past 40 years with vague rhetorical points about globalization or the



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The relationship between health and economic development can be measured by assessing the impact of health-related issues like rate of mortality, infant mortality, fertility, diseases and overall health in relation to their impact on human productivity. Human capital is one of the chief cornerstones of economic development, and any economy that is deficient in this vital component will suffer from the effects.


A correlation between health and economic development can be seen in undeveloped countries with inadequate health care systems. In such countries, a lack of basic health amenities like good hospitals and competent health care affects the ability of the citizens to produce at an optimal level.


When remote areas lack good medicines for even simple diseases like malaria it affects the level of output, because those afflicted with the disease must miss work while they try to deal with its devastating effects. Indeed, the link between health and economic development in such areas is due to the poor economy and resultant poverty in which the citizens do not have the funds to gain access to competent health care, leading to possible needless deaths from completely curable diseases, essay on economic development.


Infant mortality is linked to health and economic development because a population with a high rate of infant mortality will not be able to sustain itself. The infants will someday grow up to essay on economic development the chief labor force.


When there is a higher than average rate of mortality among infants, the population will soon be skewed in a disproportionate ratio of older people versus younger ones, making it difficult for the younger people to sustain the larger number of older members in the society, essay on economic development.


This link between health and economic development can also be drawn from a essay on economic development of fertility among the women due to essay on economic development health policies. Such a factor can also cause a negative balance in the ratio of young versus old. General good health among the members of a society is another factor concerning the effects of health and economic development.


Healthy people are more productive and able to work than those who are sick. There is a loss of productivity due to sick workers taking days off to deal with their ill health, essay on economic development. The combined loss of productive work hours affects the economy in the sense that it leads to a loss of revenue, affecting the economic development of the area. Esther Ejim.


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17. Economic development reduces poverty but causes pollution So, it should be stopped

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India and China: Two Very Different Paths to Development – Berkeley Economic Review


essay on economic development

ADVERTISEMENTS: Essay on Technology and Development! Technology refers to the use of tools, machines, materials, techniques and sources of power to make work easier and more productive. While science is concerned with understanding how and why things happen, technology deals with making things happen. ADVERTISEMENTS: Development is closely related with technology. The stage of development broader (macroeconomic) development problem (Banerjee and Duflo , , ). Among these, the paper that Banerjee and Duflo published in is a key conceptual piece that links microeconomic development issues to low aggregate per-capita income in developing countries. The starting point for this work is an important Apr 30,  · And the rapid economic successes both achieved in recent history, China since and India since , have helped to push Asia towards an unprecedented level of prosperity. People like to connect Asia’s massive growth in both productivity and living standards over the past 40 years with vague rhetorical points about globalization or the

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