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Differentiate between economic development and sustainable development?
economic development implies more, particularly improvements in health, education and other aspects of human welfare. Countries that increase their Income but do not also raise life expectancy, reduce infant mortality, and increase literacy rates are missing out of some important aspects of development. The economic development of a country is defined as the development of the economic wealth of the country. Economic development is aimed at the overall well-being of the citizens of a country, as they are the ultimate beneficiaries of the development of the economy of their country. Economic growth on the other hand, is a narrower concept than economic development. It is defined as the increase in the value of goods and services produced by every sector of the economy. It is usually expressed in terms of the gross domestic product or GDP of the country. Economic growth is defined by increases in GDP. Whereas, economic development is more of a vague measure usually incorporating social measures such as literacy rates or life expectancy as a means of measuring a country's level of development. at last its depends on the market weather it high or low of the demand
What is the primary goal of an economic system?
The primary goal of the economic system is to deliver to its citizens goods and services that they demand and aim for development for an increased standard of living.
What economic theory says power depends on wealth?
Mercantilism
Whichthe geographical factor or the human factoris more singnificant in the development of a country?
The significance of geographical versus human factors in a country's development often depends on context. Geographical factors, such as location, climate, and natural resources, can provide foundational advantages or challenges. However, human factors—like governance, education, and social cohesion—often determine how effectively a country can leverage its geographical assets. Ultimately, a balanced interplay between both factors is crucial for sustainable development.
Overpopulation is a hindrance to economic development?
More people need more stuff for their survival and will do anything for it. Education will have to be provided, but the people who are BPL (below poverty line) will not be able to afford it. Moreover, they will need to maintain their health which will not be possible for them. So, these people will not be able to do anything for the economic development of the nation because they will be poor and uneducated. More people - more - more poverty - more poor It is also in the hands of the govt. , you know. If it can eradicate poverty , then great. If not , then too bad.
Are towns dependent on villages?
yes and no it depends on where the towns get their produce from most would most likely rely on villages for grains and such
How did the villages react after the dissolution of the monasteries?
It Depends if they were protestent or catholic.
What is the nature and function of credit?
in the various stages of economic development, not a few former underdeveloped nations have achieved higher levels of stability and growth in both economic and social endeavors. it is most evident that the credit system,among other things , has been very instrumental in the development and progress of nations. it means that the rate of economic growth of a country depends on the stability of credit . basically this chapter focuses on the importance of credit on the development and growth of our country.
What do you understand by term development?
Development depends on both social and economic factors.Accordingly development indicators are distinguished into social indicators and economic indicators.In recent times increasing importance are given to the social indicators of development.So discussion on social indicators of development are of recent origin.Now there is a universally accepted meaning of social indicators of development is accepted and that is clearly different from the economic indicators. everything that does not fall into the category of economy is taken as social. thus social indicators are residual category,i.e, not fall into the economic category. Social indicators of development includes health, education, housing, and employment etc. Of course, these indicators have some economic dimension. The factors responsible for overall improvement of Quality of Life are taken as social indicators. Social indicators are taken as a more wider and integrated area of social concern than that of economic indicators.Read more: What_do_you_understand_by_social_indicators_of_development
Are there ambulance services in villages?
It depends on state and local funding whether or not villages have ambulance services. Many will contract with independent services or create joint services with nearby areas.
Differentiate between economic development and sustainable development?
economic development implies more, particularly improvements in health, education and other aspects of human welfare. Countries that increase their Income but do not also raise life expectancy, reduce infant mortality, and increase literacy rates are missing out of some important aspects of development. The economic development of a country is defined as the development of the economic wealth of the country. Economic development is aimed at the overall well-being of the citizens of a country, as they are the ultimate beneficiaries of the development of the economy of their country. Economic growth on the other hand, is a narrower concept than economic development. It is defined as the increase in the value of goods and services produced by every sector of the economy. It is usually expressed in terms of the gross domestic product or GDP of the country. Economic growth is defined by increases in GDP. Whereas, economic development is more of a vague measure usually incorporating social measures such as literacy rates or life expectancy as a means of measuring a country's level of development. at last its depends on the market weather it high or low of the demand
What do you understand by social indicators of development?
Development depends on both social and economic factors.Accordingly development indicators are distinguished into social indicators and economic indicators.In recent times increasing importance are given to the social indicators of development.So discussion on social indicators of development are of recent origin. Now there is a universally accepted meaning of social indicators of development is accepted and that is clearly different from the economic indicators. everything that does not fall into the category of economy is taken as social. thus social indicators are residual category,i.e, not fall into the economic category. Social indicators of development includes health, education, housing, and employment etc. Of course, these indicators have some economic dimension. The factors responsible for overall improvement of Quality of Life are taken as social indicators. Social indicators are taken as a more wider and integrated area of social concern than that of economic indicators.
What is an antonym for the word balanced?
unbalanced, unstable, unequal, asymmetrical, disproportioned, unfair it kind of depends on the meaning of balanced (verb/adjective)
Is a backpack a balanced force?
It depends on its weight and the force of weight it is balencing out with.
What is the number of water molecules in the balanced equation?
The number of water molecules in a balanced equation depends on the specific reaction being considered. The coefficient in front of water (H2O) in the balanced equation indicates how many molecules of water are involved in the reaction.
What is the primary goal of an economic system?
The primary goal of the economic system is to deliver to its citizens goods and services that they demand and aim for development for an increased standard of living.
In a balanced wheatstone's network if galvanometre is replaced by another of higher resistancewill the network still be balanced?
yes it would still be balanced balance depends only upon the other four resistors not the one in the middle
