Economic development

Readers and viewers should be aware of the basic concepts and principles of economic development. After this, the economic problems and development strategies that are applied in this article will be addressed. The next part is development policies and programs that have something to do with monetary and fiscal policies. It will be discovered as a process of economic planning towards a development model. Last but not least, there will be the main problems of economic development.

According to Fajardo in his book, “Economic development is defined as a progressive process of improving human conditions such as the reduction or elimination of poverty, unemployment, illiteracy, inequality, disease and exploitation. To understand this meaning well, it is an interaction of different factors”. The example of this is to invest a rice crop per hectare in your designated ranch, there are various inputs that are combined such as fertilizers, insecticides, irrigation, technology and many other related things. with this example.

This development is based on the classifications of the countries or to which categories do they belong? The categories will be highly developed countries, intermediate countries or belong to less developed countries.

He also has a problem like humans. There is a saying, “If there is a problem, there is a solution”

This development will also give information and at the same time list some countries from different continents giving the economic status of how they performed in their gross national product and gross domestic product.

They should have world history commentary because this will be based on their economic state of how it has developed in the past.

After finishing this composition of this article, this is just the beginning of my content in writing economic development.