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Monday, 21 August 2017

Why Study Development? (ECN. 361---Question 2)---Mon.21/8/2017

What is the real meaning of Development?

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OGBODO CHUKWUEMEKA STEPHEN said...

NAME; OGBODO CHUKWUEMEKA STEPHEN REG.NO.; 2016/SD/35174
QUESTION; why do we study developopment economies? What is the real meaning of development?
Answer
One basic fact that surrounds the idea of development economies is that it deals with how the living standards of the people, citizens, inhabitants of an area , geographical region , country or nation are been improved and enhanced positively in the presence of sustainable growth in the society. Based on this definition, it is assumed that the word living standard or simply put standard of living is the level of wealth, comfort, materials goods and other necessities that is available to a certain socio-economic class of people in a certain area. These available standards of living comprises of factors like income, expenditure, infrastructure, good facilities, nice climate, freedom, quality environmental feature and safety
Coming to the question which says; what is the real meaning of development? Development can be viewed in many angles . Many prospects have their own definition of development as well as many scholars or theorists. However, whatsoever perspective one views development, it is good but in a lay mans understanding development can be seen as an improvement from current position to a more better position. Nevertheless, for the purpose of our study ,am to see development in the economic terms generally especially when related to developmental economies. So Development can be defined as growth or increase in output coupled with improvement in social and political affairs and welfare of the people in a country. Finally, economic development seeks to determine how poor country can transformed to a prosperous country by means of a long term sustainable increase in growth and transformation

Www.chianny2989@gmail.com said...

Reg.no.2016/SD/36061
The following are why we study development
1.studying development is about acquiring the necessary tools to grapple with the challenges inherent in the extremely complex yet rewarding endeavors of transforming our world for the better.
2. It is an educational environment that encourages newlines of inquiry, with perspectives from all around the world.
3.Also it's programmes and setting that provide a perfect fusion of academic, policy and hands on activities and knowledge that create a well-round experiences that will prove crucial in the continuation of a career path in the field of development.
4. It enable us acquire critical understanding of the limits of the discipline.
5.It enable us to appreciate the roles of historical, social and political analysis in interpreting complex development problem.
6.It introduce to us development perspective on factors influencing development in developing countries.
7.It enables us to learn concepts and theories of development in developing countries.
8.It acquaint us with agenda, actors and actions that characterise development.
Finally It provide us with necessary knowledge and skills to engage with development problem and issues.

Www.chianny2989@gmail.com said...

2016/SD/36061
Meaning of development
Development is an event constituting a new stage in changing situation. It is also the act or process of growing or causing something to grow or become larger or more advanced. It also the act or process of creating something over a period of time, the state of being created or made more advanced.
Moreover it is the act of developing or the state of being developed, the application of techniques or technology to the production of new goods or services. The business of constructing building or other wise altering land for new uses, all these bring a significant event, occurrence or change.
Development can also be viewed as an extension of the theoretical or practical aspects of a concept, design, discovering or intention. The process of economic and social transformation that is based on complex cultural and environmental factors and their interactions.
Therefore development simply mean changing in situations, discovery, design, application of techniques or technology that brings about permanent changes in the environment.

kaki nsude said...

NAME:UGWUJA ANNASTESIA CHINASA
REG NO:2016/SD/36454
Definition of development is the act or process of growing or causing something to grow or become larger or more advanced. : the act or process of creating something over a period of time. : the state of being created or made more advanced.
According to Wikipedia (2017), economic development is the process by which a nation improves the economic, political, social well-being of its people. Also business dictionary(2017) defines economic development as progress in an economy, or the qualitative measure of this. Economic development usually refers to the adoption of new technologies, transition from agriculture-based to industry-based economy, and general improvement in living standards.
References:
www.businessdictionary.com/definition/economic-development.html
https://en.wikipedia.org/wiki/Economic _development

GLORIA ADAEZE said...

NAME: AMADI GLORIA ADAEZE
REG NO:2016/SD/35589
Urban economics is broadly the economic study of urban areas; as such, it involves using the tools of economics to analyze urban issues such as crime, education, public transit, housing, and local government finance.
Social science is a major category of academic disciplines, concerned with society and the relationships among individuals within a society. It in turn has many branches, each of which is considered a "social science". The social sciences include economics, political science, human geography, demography, psychology, sociology, anthropology, archaeology, jurisprudence, history, and linguistics. The term is also sometimes used to refer specifically to the field of sociology, the original 'science of society', established in the 19th century.
Yes there is relationship because urban economics and other social sciences because they do have in common the aim of studying the society although urban economics studies a subset of the society which is the urban settlements

Okoli Doris said...

MEANING OF DEVELOPMENT

Development conceived of a multidimensional process involving major changes in social structures, popular attitudes and national institutions,as well as the acceleration of economics growth, the reduction of inequality,and the eradication of poverty. Development,in its essence,must represent the whole gamut of change by which an entire social system,tuned to the diverse basic needs and evolving aspirations of individuals and social groups within that system, moves away from a condition of life widely perceived as unsatisfactory toward a situation of life regarded as materially and spiritually better.

Okoli Doris said...

MEANING OF DEVELOPMENT

Development conceived of as a multidimensional process involving major changes in social structures, popular attitudes,and national institutions as well as the acceleration of economics growth, the reduction of inequality, and the eradication of poverty. Development, in it essence, must represent the whole gamut of change by which an entire social system, tuned to the diverse basic needs and evolving aspirations of individuals and social groups within that system, moves away from a condition of life widely perceived as unsatisfactory toward a situation or condition of life regarded as materially and spiritually better.

Name= OKOLI Doris
Reg. No.=2016/SD/36221

Chukwu Christian Ochi said...

First, development does not mean the same as growth, although there is a relationship .while growth is in quantity, development is quantity plus quality. It is therefore pertinent to say that development is growth plus qualitative increase in various sectors of the economy. However, most students make use of them interchangeable, growth is the quantitative increase in the productive capacity of a nation's t. On the other hand, development is quantitative and qualitative increase in the production and distribution of a nation's wealth a result of the improvement in other sectors of the economy. Development is a long time project, and therefore broader in scope than growth.
Notwithstanding,there must be economic growth before Economic development sets in. There must be a quantitative change in a nation's GDP before quantitative and qualitative change in other sectors of the economy. This changes are infrastructural development, and improvement of social amenities.

Name :Chukwu Christian Ochi
Reg .No :2016/SD/36139d

ogbuagu ogechi felix said...

Development is the systematic use of scientific and technical knowledge to meet specific objectives or requirement. It is also an extension of the theoretical or pratical aspects of a concept, design, discovery or invention.
Development can also be the process of economic and social transformation that is based on complex, cultural and environmental factors and their interaction. It is the process of adding improvement to a parcel of land such as grading, subdivisions, drainage access, roads and utilities

AMALU BLESSING AMAKA
2016/SD/36407
EDUCATION ECONOMICS

nnedinso said...

Development’ is a concept which is contested both theoretically and politically, and is inherently both complex and ambiguous ... ... Recently [it] has taken on the limited meaning of the practice of development agencies, especially in aiming at reducing poverty and the Millennium Development Goals.
The term “development” in international parlance therefore encompasses the need and the means by which to provide better lives for people in poor countries. It includes not only economic growth, although that is crucial, but also human development—providing for health, nutrition, education, and a clean environment. Development’ encompasses ‘Change’ in a variety of aspects of the human condition. Development’ is a process of structural societal change. Thomas (2000, 2004) refers to this meaning of development as ‘a process of historical change.
Development includes a broad view of structural change with two strands – one tending towards being prescriptive and the other non-prescriptive.

NAME; ASOGWA VICTORIA NNEDINSO
REG NO :2016/SD/ 36302
COURSE : EDUCATION ECONOMICS

JUSTICE said...

JUSTICE OZIOMA GOSPEL
Reg.No: 2016/SD/36198
WHAT IS THE REAL MEANING OF DEVELOPMENT
Development can be defined as a process that creates growth, progress, positive change or the addition of physical, economic, environment social and demographic components. Development also is visible and useful and it also includes an aspect of quality change.
Development for an individual is that which tends towards a person, realizing his or her full potential as a human being. It is the staring toward what the individual perceived as an ideal state. The seeking of perfection is the essence of evolution. It is a universal trait of all living things.
However humans define development in mental terms. It is peace of mind we seek, freedom from pain and also economic growth.
Lastly, development in man tends towards self actualization in the psychological and sense to use Maslow term. “ The highest level of man’s development lies in his creative potential.

Eze chidiebere Rita said...

EZE CHIDIEBERE RITA
2016/SD/36444
Development is the systematic use of scientific and technical knowledge to meet specific objectives or requirements. it is also the process of adding improvements to a parcel of land, such as grading subdivisions, drainage, road and utilities.

nwokedi said...

NAME: NWOKEDI UKAMAKA CHINEDU
REG:2016/SD/36953
DEPT: EDU/ECONS
THE REAL MEANING OF DEVELOPMENT
Development is defined as the process of economics and social transformation that is based on complex cultural and environmental factors and their interaction
Development means improvement in country’s economic and social condition more especially, it refer to improvement in an area of managing human and natural resources .in order to create wealth and improve peoples lives.
Development in other word should be based on realism of the potentials of human personality.
Seer outline several conditions that can make for achievement of this aim:
1. The capacity to obtain physical necessities particularly food.
2. A job including studying working on a family farm or keeping house.
3. Equality, which should be considered in objective in its own right.
4. Participation in government.
5. Belonging to a nation that is truly independent, both economically and politically
6. Adequate educational level especially literacy

omeje eunice nkechi said...



OMEJE EUNICE NKECHI

2016/SD/36200

EDUCATION ECONOMICS

THE REAL MEANING OF DEVELOPMENT
Development is a leading primary research journal covering the field of developmental biology. With its long and prestigious history and its team of expert academic editors, Development is committed to publishing cutting-edge research across the spectrum of animal and plant developmental biology. Development is the act of improving by expanding, enlarging, or refining. The merging of two university departments might lead to the development of a new curriculum. Over recent years,
Development has expanded its focus to incorporate the stem cell and regeneration fields, with the aim of underscoring the close links between these growing communities and more traditional developmental biology the act or process of going from the simple or basic to the complex or advanced the development of an idea into a marketable product. The act of developing or the state of being developed, as: the raising of funds, expansion of activities or opportunities, etc, especially for an organization or foundation. The application of techniques or technology to the production of new goods or services. The business of constructing buildings or otherwise altering land for new uses. The act or process of growing, progressing, or developing. (Human Geography) an area or tract of land that has been developed the act of developing. .
.


ogbuagu ogechi felix said...

Development is the process of growing or changing and becoming more advanced. A good diet and lots of exercise are essential for a child’s healthy growth and development.literature In a literary work, development is the movement from one event to another or the changes in the characters’ understanding. A development is a recent important event that is the latest in a series of related events: There is a new development in the plans to reorganize the fire department. Development is also the organized increase of a country’s industry and wealth.
The systematic use of scientific and technical knowledge to meet specific objectives or requirements. An extension of the theoretical or practical aspects of a concept, design, discovery, or invention. The process of economic and social transformation that is based on complex cultural and environmental factors and their interactions.
The process of adding improvements to a parcel of land, such as grading, subdivisions, drainage, access, roads, utilities.
The act, process, or result of developing the development of new ideas an interesting development in the case
The state of being developed a project in development. Tract of land that has been made available or usable: a developed tract of land; especially: one with houses built on it.
Development is the process or result of making a basic design gradually better and more advanced.

NAME; OGBUAGU OGECHI FELIX
REG NO 2016/SD/36588
EDUCATION ECONOMICS

Ugwu Benedette chimasa said...

Ugwu Benedette chinasa
Red. No 2014/SD/34208
Development implies the complete modernisation of a society. It entails the conversion of a peasant societyinto an industrial one and it means a change in the whole way of life, in expectations and motivations and even the physical environment of daily life itself. Nevertheless, it is generally agreed that development is multi-dimensional in nature, having political, social and economic implications.

NKWOCHIA EBERE JOY said...

NAME: NKWOCHA EBERE JOY
REG NO: 2016/SD/36103
What is the real meaning of
1. Development: It simply means the maintenance of the increase in general welfare of the people.
2. Development also means this the process of enhancing growth directed change in a society.
3. Development: Is the process by which a mature multicellular organism or part of an organism is produced by the addition of new cells.
4. Developed is the ability of applying new ideas to practical problems.
5. Development is a component of economic development.
6. Development is different from those of economic the growth because it deals with the harnessing and sustaining the growth of the natural environment.
7. Development is the mere increase in real income. It is an enhance level of economic development which leads to the distribution of the national income is equitable form.
8. Development: deals with how the living standard of citizens of the country improved in the presence of sustainable growth.
9. It is also a gradual increase in the means of income of people living in a society. Thus, by this, they sustain such growth, help it to improve their lives.
10. Development is also the improvement in the way man does things as well as reason in order to survive in his constantly charging environment.














NAME: NKWOCHA EBERE JOY
REG NO: 2016/SD/36103
Discuss the basic three reasons and characteristics of urban economic growth
The basic three reasons as well as characteristics of urban economic growth are:
1. Process of capital accumulation:
2. The profit rate
3. Increase in wages
4. Capital accumulation
5. Declining profits in other industries.
6. Balance growth.
Process of Capital Accumulation: Capital accumulation is the outcome of profits because profits lead to saving which is used for capital accumulation.
The Profit Rate: According to Ricardo, the rate of profit is (profit/wages) equal to the wage bill.
Increase in Waves: Increase in the wages play an active role in determining income between capital and labour. Increased wages levels to better living by many people in the urban areas.
The profits of the farmer reglutes the profits of all other traders: The money rate of profits of all other traders”, The money rate of profits earned an capital must be equal in equilibrium both in agriculture and industry. When more ford are produced, urban dwellers have many choices of food to choose.
Balance growth: In the Malthusian system economy is divided into agricultural and the industrial sectors. The agricultural section food while the industrial sector produce industrial goods used by farmers.

Onyenachie Chinenye Happiness said...

The meaning of Development
Development means “Improvement in country’s economic and social conditions”. More specially it refers to improvements in a way of managing an area’s natural and human resources in order to create wealth and improve people’s lives.
Economic development is the process by which a nation improves the economic, political and social well being of its people. Development is a process that creates growths, progress, positive change or the addition of physical, economic, environmental, social and demographic components. The purpose of development is a rise in the level of quality of life of the population, and the creation or expansion of local regional income and employment opportunities, without damaging the resources of the environment. Development is disable and useful, not necessarily immediately and includes are aspect of quality charge and the creation of conditions for a continuation of that change.

Onyenachie Chinenye Happiness
2016/SD/36263

AWOKE BLESSING said...

Name: Awoke Blessing
Reg No: 2016/SD/36225

Development means “improvement in country’s economics and social condition.” More specially, it refers to improvements in way of managing an area’s natured and human resources. In order to create wealth and improve people’s lives. Development is also that act of improving by expanding or enlarging or refining.
Dudley seers while elaborating on the meaning of development suggests that while there can be value judgements on what is development and what is not, it should be a universally acceptable aim of development to make for conditions that led to a realization of the potentials of human personality. That achievement of his aim are;
1. The capacity of obtain physical necessities, particular food.
2. A job (not necessarily paid employment) but including studying, working on a family farm or keeping house.

Nwibo boniface said...

NWIBO BONIFACE
REG NO 2016/SD/36364.
ANSWER
Development can be seen as an increase in output together with improvement in social and political affairs and welfare of the people in a country.
Development is also define as that which tends towards a person, realizing his or her full potential as a human being.
Development is equally the process of economic and social transformation that is based on complex, cultural and environmental factors and their interaction.
It is a complete modernization of a society.
Finally, Development is the systematic use of scientific and technical knowledge to meet specific objectives.

ugwuoke joy nkechinyere said...

Name:Ugwuoke joy nkechinyere
Reg. No:2016/Sd/36255

Meaning of development for an individual, is that which tends towards a person realising his or her full potential as human being. It is the striving towards what individuals ideal state. Development is the systematic use of scientific and technical knowledge to meet specific objective or requirements.
Development is the process of economic and social transformation that is based on complex cultural and environmental factors and interaction.
Development is the process of adding improvement to a parcel of land, such as granding, subdivision drainage, access, road utility.
Development means lmprovement in countries economy and social conditions more especially, it refers to lmprovement in ways of managing an area's natural and Human resources. In other to create weath and lmprove People's lives.

NWITE JULIET said...

Name: Nwite Juliet Mercy
Reg No: 2016/SD/36226
Development simply means “improvement” in country’s economics and social condition; more specially it refers to improvements in way of managing an area’s natural and human resources. In order to create wealth and improve people’s living standard.
However, development is also an act of improving by expanding or enlarging or refining. Dadley seers while elaborating on the meaning of development suggest that while there can be value judgments on what is development and what is not, it should be a universally acceptable aim of development to make for conditions that led to a realization of the potentials of human personality. That achievement of his aim are;
1.The capacity of obtain physical necessities like food.
2.A job (not necessary paid employment) but including studying, working on a family farm or keeping house old.

CHIOMA NDUKWE said...

NAME: NDUKWE KALU CHIOMA
REG NO:2016/SD/36609
Development refers to improvements in way of managing an area’s natural and human resources. In order to create wealth and improve people’s living standard.
Development is the process where by the real per capita income of a country income of a country can be increased over a period of time as such economic development is very relevant to all less developed countries of the world.
Development is used to describe the different stages involve in the process of improving or changing the quality of an object. For example in the process of a photographic film, more and more chemicals are mixed in the right proportion to produce the required effect on the film.
In development, it is expected that certain societal activities have to take place to produce positive result that are capable of transforming the material well being of the people.
Development can be achieved with a proper co-ordination of economic growth and technical efficiency in the production and distribution of goods and services.

chidiebere kingsley said...

NAME: UBOGWU SAMUEL
REG NO: 2016/SD/36449
Development is seen as a process that creates growth, progress, positive change or the addition of physical, economic, environment social and demographic components.
Development means improvement in country’s economic and social condition more especially, it refer to improvement in an area of managing human and natural resources .in order to create wealth and improve peoples lives.
Development in other word should be based on realism of the potentials of human personality. . Development for an individual is that which tends towards a person, realizing his or her full potential as a human being. It is the staring toward what the individual perceived as an ideal state. The seeking of perfection is the essence of evolution. It is a universal trait of all living things.

Doris Okoli said...

Development is the transformation that is based on complex cultural and environmental factors and their interactions.By this it means the process of converting land to a new purpose by constructing buildings or making use of its resources. More especially, it refers to improvements in way of improvements in way of managing an area's natural and Human resources. In other to create weath and improve people's lives.
The following are the characteristics of development.
1.Development is a continuous process.
2.Development follows a pattern.
3.Development proceeds from general to specific responses.
4.Different aspects of growth develop at different rate.
5.Most traits are correlated in development.
Name:Amadi Modestus Ifeanyi
Reg. No. 2016/SD/36447

Doris Okoli said...

Development is a process that create growth, progress,possitive change or the addition of physical,Economics,environmental,social and demographic components.
The purpose of development is a rise in the level and quality of life of the population, and the creation or expansion of local regional income and employment opportunities, without damaging the resources of the environment. Development is visible and useful,not necessarily immediately and includes an aspect of quality change and the creation of conditions for a continuation of that change.
Name:Onalo Ufedo Eunice
Reg. No.2016/SD/36095

childon said...

NAME:OGARA RITA ONYEBUCHI
REG NO: 2016/SD/36303
Development simply means development is also an act of improving by expanding or enlarging or refining. It can also imply “improvement” in country’s economics and social condition; more specially it refers to improvements in way of managing an area’s natural and human resources.
Development can also be seen in a general form as improvement in country’s economic and social condition more especially, it refer to improvement in an area of managing human and natural resources.

udida said...

NAME: IGBAULE EVELYN KADOON
REG NO: 2016/SD/36022

Development is a procedure that tends to creates progress, positive change, growth or the addition of physical, economic and environment social
Development for an individual is that which tends towards a person, realizing his or her full potential as a human being. It is the staring toward what the individual perceived as an ideal state. The seeking of perfection is the essence of evolution. It is a universal trait of all living things.
Development means improvement in country’s economic and social condition more especially, it refer to improvement in an area of managing human and natural resources .in order to create wealth and improve peoples lives.
Development in other word should be based on realism of the potentials of human personality. .

OKWORI GODWIN said...

NAME; OKWORI GODWIN
REG. NO; 2016/SD/36589
Development implies the complete modernization of a society. It entails the conversion of a peasant society into an industrial one, and it means a change in the whole way of life, in expectations and motivations, and even the physical environment of daily life itself. It perhaps for this reason that there is no unanimity as to the criteria for measuring development. Nevertheless, it is generally agreed that development is multi-dimensional in nature, having political, social and economic implications.
Furthermore, development is the process of economic and social transformation that is base on complex cultural and environmental factors and their interactions .It is also the systematic use of scientific and technical knowledge to meet specific objectives or requirement.
Development also can be regarded as an extension of the theoretical or practical aspects of a concept, design, discovery, or invention.

ABUH DENNIS said...

NAME; ABUH DENNIS REG.NO; 2016/SD/36587
The real meaning of development for an individual is that which tends towards a person realizing his or her full potential as a human being.
The meaning of development is also determined by the seeker, a tree, for example, look to sun and rain for its development. Human define development in mental terms- it is peace of mind we seek, and freedom from pain.
Though some, mighty attached development to the attainment of materials things they seek, not the things themselves
Ultimately development in man tends towards “self actualization in the psychological sense, to use Maslow’s term or for the spiritual inclined, the “enlightenment” in Buddhism through libration from suffering,” Christhood “in Christianity. According to Maslow, the high level of mass development lies in his creative potentials.
Development is the systematic use of scientific and technical knowledge to meet specific objective.
WHY STUDY DEVELOPMENT;
Development deals with the living standard of citizens of a country and improves in the presence of the sustainable growth
DEVELOPMENT SIMPLY MEANS ; the education and the mass media both at country level and at world level which arouse the feeling in favour of development, that is; the people of backward country of Africa, Asia and Latin American because aware of with the concept of economic development. There are some country increases over a long period of time, it will be giving the name of economic development
Development have given up on big ideas about solving puberty because they have fallen miserably
Development is about finding solutions that marginally help the poor
Development professionals are not trying to eradicate poverty (except if they are asking of your money) but they are certainly looking at ideas that are in the larger fight

Chukwuma Ngozika Ruth said...

Development Economics
Development Economics is fascinating because it shows how economic analysis can help us to understand the big theme of the 21ist century-poverty and inequality, globalization and trade, and the contrasting experience of success and failure.
By studying development economics, you will have the opportunity to apply the tools of economic analysis to the problems and challenges facing less-developed countries and to begin to understand why some countries have been able to go through a process of economic and human development.

WHAT IS THE REAL MEANING OF DEVELOPMENT
Definition of development: The systematic use of scientific and technical knowledge to meet specific objectives or requirements. It is also the process of economic and social transformation that is based on complex cultural and environmental factors and their interactions.
Development is the process adding improvement to a parcel of land, such as grading, subdivision, drainage, access road and utilities.
Name: CHUKWUMA NGOZIKA RUTH
Reg no: 2016/SD/36330

Blessing Nkechinyere said...

Omeje Blessing Nkechinyere
Reg no:2016/SD/36356

Why study development economics?
we study development economics because is a branch of economics that focuses on improving the economies of developing countries. It consider how to promote economic growth by improving fact as health, education, working conditions, domestic and international policies, and market conditions in developing countries.
Development economics seeks to determine how poor countries can be transformed in prosperous ones. Most underdevelop countries would not rely upon free enterprise for this purpose, but would expand public enterprises also.
Moreover, a modern state is interested in economic development of the economy with an objective of the economy with an objective of labour welfare. The exact mix of these policies would differ from on state to and so would therefore detailed policy programme.
Development economics examine both macroeconomic and microeconomic factors relating to the structure of developing economy and how that economy can create effective domestic and international growth.
Finally, in development economics students and professional create theories and method that guide practitioners in determining practices and policies that can be used and implemented on the domestic and international level.

ONAH LOVELYN said...

Name; Onah lovelyn Chinenye Reg. no.2016/SD/36536
Questions; why do we study development? What is the real meaning of development?
This is the same as the advantages or the merits of development and they includes:
1. Problem of World Poverty: One of the basic reasons why we study development economics lies on the fact that it helps us to address the issue of poverty, not just in our local nation or national level but to the entire world at large.

2. Meaning Of Economic Development: If we don’t study the development economy, then there is every tendency that we will not know the meaning of economic development, here the economic development in itself comes to play. Here different measures are put in place to enable us(the economist) to study the word economic development. These measures are; The social and economic indicator approach, the basic needs approach and the construction of human development index approach.

Other reasons are;
3. Models Of Economic Growth
4. Theories Of Under-Development And Development:
5. Problems Of Population:
6. Role of Agriculture Sector:
7. Role of Industrial Sector:
8. Foreign Trade Sector and Development:
9. Fiscal and Monetary Policies And Economic Development:
10. World Development Institutions and Foreign Aid
What is the real meaning of development?
Development can be seen in different angles and perspectives but for the benefit of our course, I can assume that development is a complete transformation from the current economic and social situations or conditions to a very more acceptable and more efficient economy conditions .development can also be seen as a complete modernization of rural lifestyle to an organizational life style or characteristics.

Lawretta Ozoemena said...

Development is process of growing or changing and becoming more advanced. A good diet and lots of exercise are essential for a child’s healthy growth and development. Literature In a literary work, development is the movement from one event to another or the changes in the characters’ understanding. Development or process of development. The process of growth and differentiation by which the potentialities of a rotgut, spore or embryo are realized by the gradual advance through evolutionary stages evaluation. It is the act or process of growing or causing something to grow of or become longer or more advanced. It is the act or process of creating something over a period of time. It is the process of economic and social transformation that is based on complete cultural and environmental factor and interactions. It means improvement in country’s economic and social conditions. It refers to improvement in way of managing an area’s natural and human resources. In order to create wealth and improve people’s lives.

NAME: EZEMA LAWRETTA OZOEMENA
REG NO: 2016/SD/36396
EDUCATION ECONOMICS

Odoh Doris Ogechukwu said...

Name: Odoh Doris Ogechukwu
Reg no: 2016/SD/36109

the real meaning of development:
the meaning of development for an individual, is that which tends towards a person realizing his or her full potential as a human being. it is the striving toward what the individual perceives as an ideal state. the seeking of perfection is the essence of evolution, it is a universal trait of all living things.
the meaning of development is also determined by the seeker. a tree, for example, look to sun and rain for its development. human defines development in mental terms- it is peace of mind we seek, and freedom from pain. though some might attach development to the attainment of material things, or other external qualities, it is a perceived Joy in owing these things they seek, not the things themselves.
Economic development is the process by which a nation improves the economic, political, and social well being of its people.

UGWU, LOVINA NKEIRUKA said...

NAME: UGWU, LOVINA NKEIRUKA
REG. NO: 2013/SD/32794
YEAR OF STUDY: 5/5
COURSE TITLE & CODE: DEVELOPMENT ECONOMICS (ECO 361)
WHAT IS THE REAL MEANING OF DEVELOPMENT?
The dictionary meanings of development are as follows:
1. Development as the act, process, or result of developing.
2. Development as a state of being developed.
3. As a treat of land made available or usable.
4. As the act or process of growing or causing something to grow or become larger or more advanced.
In general sense development means “improvement in country’s economic and social condition”. More especially it refers to improvements in way of managing an area’s natural and human resources in order to create wealth and improve people’s life.
In Dudley Seers’ elaboration on the meaning of development, he outlined some conditions that can make for achievement of the aim that will lead to a realization of the potentials of human personality. The condition outlined by him (seers) includes:
1. The capacity to obtain physical necessities, particularly food.
2. A job (not necessarily paid employment) but includes studying, working on a family farm or keeping houses.
3. Equality, which should be considered an objective in its own right;
4. Participation in government;
5. Belonging to a nation that is truly independent, both economically and political and adequate educational levels (especially literacy).
Development seeks to or enhances basic human capacities and freedoms and enable people to be the agent of their own development. Development can also be defined as the systematic use of scientific and technical knowledge to meet specific objectives or goals. Furthermore, it is a complete transformation from the current economic and social situations or conditions to a very more acceptable and more efficient economic condition. In general sense, development can be viewed as:
• The systematic use of scientific and technical knowledge to meet specific objectives or requirements.
• An extension of the theoretical or practical aspects of a concept, design, discovery, or invention.
• The process of economic and social transformation that is based on complex cultural and environmental factors and their interactions.
• The process of adding improvements a parcel of land, such as grading roads, utilities etc.

GLORIA ADAEZE said...

NAME: AMADI GLORIA ADAEZE
REG NO:2016/SD/36254
Development is generally viewed as the act or process of growing or causing something to grow or become larger or more advanced. : the act or process of creating something over a period of time. : the state of being created or made more advanced.
Iit can also be seen as An extension of the theoretical or practical aspects of a concept, design, discovery, or invention. It is also viewed as The process of economic and social transformation that is based on complex cultural and environmental factors and their interactions.

chidiebere kingsley said...

NAME:UDIDA THERESA ALORYE
REG NO:2016/SD/36048
Development is quantity plus quality. It is therefore pertinent to say that development is growth plus qualitative increase in various sectors of the economy. However, most students make use of them interchangeable, growth is the quantitative increase in the productive capacity of a nation's t. On the other hand, development is quantitative and qualitative increase in the production and distribution of a nation's wealth a result of the improvement in other sectors of the economy. Development is a long time project, and therefore broader in scope than growth.
Notwithstanding, there must be economic growth before Economic development sets in. There must be a quantitative change in a nation's GDP before quantitative and qualitative change in other sectors of the economy.

Onyenachie Chinenye Happiness said...

The meaning of Development
Development means “Improvement in country’s economic and social conditions”. More specially it refers to improvements in a way of managing an area’s natural and human resources in order to create wealth and improve people’s lives.
Economic development is the process by which a nation improves the economic, political and social well being of its people. Development is a process that creates growths, progress, positive change or the addition of physical, economic, environmental, social and demographic components. The purpose of development is a rise in the level of quality of life of the population, and the creation or expansion of local regional income and employment opportunities, without damaging the resources of the environment. Development is disable and useful, not necessarily immediately and includes are aspect of quality charge and the creation of conditions for a continuation of that change.

Onyenachie, Chinenye Happiness
Reg No 2016/SD/36263

Babakatcha Mohammed alhaji said...

Babakatcha Mohammed alhaji
2015/SD/35007
Talk point: why study development – and what are the best resources?

Talk point: why study development – and what are the best resources?
Tell us your key reads and what resources you would like to see in our resource section for development students

Our suggested reads on environment and development

Global development team
Thursday 6 September 2012 11.55 BST First published on Thursday 6 September 2012 11.55 BST

The number of development studies courses offered by colleges and universities has grown over the last 20 years. The content of those courses has also changed to reflect new interests and trends in the sector, with topics covering a range of subjects, from economics and politics, to the environment, gender and anthropology.

As the new academic year begins for some people this month, we would like to hear what is motivating you to study development. Has your interest been sparked by other studies, travel, or family connections? What are you hoping to get out of your course? Do you want to use it to influence politics, reform the World Bank, or help to carve out future sustainable development goals? We would like to hear your thoughts and motivations for study.

Over the next few months, we will be building on our student resource section, adding more materials and articles we hope you'll find interesting. We currently have development data guides, a development calendar and a development-twitterati.

We also have a list of recommended general first-year reads and a list of books focusing on sustainability and the environment. Over the next few weeks, we'll be adding lists of key reads on other topics, including gender and economics.

But what content would you like to see? Or are there any essential resources you think we should link to?

Post your thoughts below. If you have any problems posting, or if you would prefer to comment anonymously, email us at development@guardan.co.uk and we'll add your thoughts.

Baba Mohammed said...

Nme: Baba Mohammed Mohammed
Reg NO:2015/SD/35006

WHY WE STUDY DEVELOPMENT?


The information we have today about child development comes from a wide variety of sources. It has been said that the body of knowledge about children's development doubles every three years. Today's knowledge comes from studies in psychology, sociology, linguistics, health, anthropology, history, and education. This may sound overwhelming, but it serves as a reminder of how important it is to be constantly watching children to learn about their development. The recent changes in NAEYC's standards for programs and professional preparation of early childhood educators have been prompted by changes in the knowledge base of the early childhood profession. Major reports from the National Research Council have synthesized research on the science of learning and integrated child development studies (2000), again expanding our understandings of early childhood. NAEYC believes that all early childhood professionals should have a broad knowledge of development across the birth-to-age 8 range regardless of what age child or what kind of program they intend as a career focus. Many research studies and significant theories about development will guide us as we observe children and make decisions about their learning. Why study development? The answer is decision making. Using what we know and observe about children's development guides our decisions about their environment, their activities, and how we interact with them.

BAYEKUSI OLA FRANCIS said...

omeliqwe Vivian 2013/SD/32922

what is development: development mean an maintains increase in d general welfare of the people or economic.
development is a components of economic development
development is the mere increase in real capita income of an individual.
development is also d ways a man does thing as well as reason in order to survived.

mary nwagbalahia said...

What is the real meaning of development?

Development is the manifestation of people, firms’ technologies and institutions interact with each other with in the economics, social and political system.
It describes the capacity of the system to provide the circumstance for that continued wellbeing. Development is the characteristic of the system, sustained improvement in individual wellbeing and capacity of those systems to provide self organizing complexity. Development focuses on how the environment can be made conducive for self organizing complexity to evolve.

NAME: NWAGBALAHIA MARY
REG NO: 2016/SD/36395
EDUCATION ECONOMICS

ASADU UCHECHUKWU said...

NAME: ASADU UCHECHUKWU .M.
REG NO: 2014/SD/34013
YEAR: 4/5
development is growth plus qualitative increase in various sectors of the economy. However, most students make use of them interchangeable, growth is the quantitative increase in the productive capacity of a nation's t. On the other hand, development is quantitative and qualitative increase in the production and distribution of a nation's wealth a result of the improvement in other sectors of the economy. Development is a long time project, and therefore broader in scope than growth.
Notwithstanding, there must be economic growth before Economic development sets in. There must be a quantitative change in a nation's GDP before quantitative and qualitative change in other sectors of the economy. This changes are improvement of social amenities and infrastructural development..

Odoh Doris Ogechukwu said...

name :Eke Blessing Chinasa
Reg no :2014/SD/33605

The real meaning of development :
development is a process that creates growth, positive change or the addition of physical, economic, environmental, social and demographic component. the purpose of development is a rise in the level and quality of life of the population, and the creation or expansion of local regional income and employment opportunities without damaging the resources of the environment. Development is visible and useful, not necessarily immediately and includes an aspect of quality change and creation of condition for a continuation of that change.
The internal agenda began to focus on development beginning in the second half of the 20th century. And understanding developed that economic growth did not necessary lead to a rise in the level and quality of life for population all over the world, there was a need to place an emphasis on specific policies that would be Chanel resources and enable social and economic mobility for various population.
through the years, professional and various researchers develop a number of definitions and emphasis for the term 'development ' Amartya send for example developed the 'capability approach' which defined development as a tool enabling people to reach the highest level of their ability, through granting freedom of action, that is freedom of economic social and family action etc. this approach became a basis for the measurements of development by the HDI into (human development index), which was developed by the UN development program (UNDP) in 1990 mantha nusbaun developed the abilities approach in the field of gender and emphasize the empowerment of women as a development tools

UGWU ANGELA A said...

Ugwu Angela A said...
The meaning of development for an individual, is that which tends towards a person realizing his or her full potential as a human being. It is the striving toward what the individual perceives as an 'ideal state'. The seeking of perfection is the essence of evolution; it is a universal trait of all living things.

The meaning of development is also determined by the seeker. A tree, for example, looks to sun and rain for its development. Humans define development in mental terms -- it is peace of mind we seek, and freedom from pain. Though some might attach development to the attainment of material things, or other external qualities, it is a perceived joy in owning these things they seek, not the things themselves.

Ultimately, development in man tends towards "self-actualization" in the psychological sense, to use Maslow's term; or, for the spiritually inclined, the "enlightenment" in Buddhism through liberation from suffering, or "Christhood" in Christianity. According to Maslow, the highest level of man's development lies in his creative potential. Being that the nature of imagination is infinite.
22 August 2017 at 09:59

Ugwu Angela A
2016/SD/36905

OME ANTHONIA IJEOMA said...

.

ECONS 361
QUESTION: WHAT IS THE REAL MEANING OF DEVELOPMENT
ANSWER:
Development’ is a concept which is contested both theoretically and politically, and is inherently both complex and ambiguous. Recently it has taken on the limited meaning of the practice of development agencies, especially in aiming at reducing poverty and the Millennium Development Goals. (Thomas, 2004: 1, 2)
It would be an understatement to say that the definition of ‘development’ has been controversial and unstable over time. As Thomas (2004: 1) argues, development is ‘contested, complex, and ambiguous’. Gore (2000: 794–5) notes that in the 1950s and 1960s a ‘vision of the liberation of people and peoples’ dominated, based on ‘structural transformation’. This perception has tended to ‘slip from view’ for many contributors to the development literature. A second perspective is the definition embraced by international development donor agencies that Thomas notes. This is a definition of development which is directly related to the achievement of poverty reduction and of the Millennium Development Goals (MDGs). There is a third perspective from a group of writers that Hickey and Mohan (2003: 38) broadly identify as ‘post-modernists’. The ‘post-modern’ position is that ‘development’ is a ‘discourse’ (a set of ideas) that actually shapes and frames ‘reality’ and power relations. It does this because the ‘discourse’ values certain things over others. For example, those who do not have economic assets are viewed as ‘inferior’ from a materialistic viewpoint. In terms of ‘real development’ there might be a new ‘discourse’ based on ‘alternative value systems’ which place a much higher value on spiritual or cultural assets, and within which those without significant economic assets would be regarded as having significant wealth. We would argue that there are three discernable definitions of ‘development’. The first is historical and long term and arguably relatively value free ‘development’ as a process of change. The second is policy related and evaluative or indicator led, is based on value judgements, and has short- to medium-term time horizons – development as the MDGs, for example. The third is post-modernist, drawing attention to the ethnocentric and ideologically loaded Western conceptions of ‘development’ and raising the possibilities of alternative conceptions.
The first conceptualization is that ‘development’ is a process of structural societal change. Thomas (2000, 2004) refers to this meaning of development as ‘a process of historical change’. This view, of ‘structural transformation’ and ‘long-term transformations of economies and societies’, as Gore noted, is one that predominated in the 1950s and 1960s in particular. Today, one might argue that this definition of development is emphasized by the academic or research part of the development community but that there is less emphasis on this perspective in the practitioner part of the development community.
From:
Ome Anthonia Ijeoma
Reg.No: 2016/SD/36576
Department of Education Economics
28 September 2017 at 01:55

EZE FIDELIS said...

ZE, FIDELIS OKONKWO
REG. NO: 2016/SD/35597
DEPT: SOCIAL SCIENCE EDUCATION
COURSE OF STUDY: EDUCATION/ECONOMICS
LECTURER: DR ORJI
LEVEL: 2/5
TOPICS:
Q 1: What is Development?
Q 2: Significant Relationships between Urban Economics and other
Social Sciences
Q 3: Three Reasons why there can be Urban Economic Growth
Meaning of Development
The agreed meaning of the concept "development" is very difficult to come by. This is so because various schools have their own definition of the term development. Development has been defined variously from the ideological bases of different authors. Whatever the case, development in any human society is a multi¬dimensional process having radical implications not only in the economy but also political, socio-cultural and administrative fabric of a nation or society.
Development is multi-dimensional and this is recognized by Dudley Seers even though he accept the economic meaning to be central having implication on the political, social and cultural aspect. Thus, he implies that, development provided the later lead to the solution of social and political problems in the society, Dudley Seers also observed on the norms and preference of a society, a society may be described as developed if it is able to meet a minimum level of nutrition for its citizens. Dudley Seers says that the fundamental questions to ask about a country's development are:
a) What has happened to poverty?
b) What has happened to unemployment?
c) What has happened to inequality?
If all of these three mentioned have improved high levels, then beyond doubt there has been a period of development for the country concerned. But if in one or two question above have been going worse especially if the three have, it will be strange to call the result development even if the per capita income has doubted.
The Concept of Urban Economics
Urban Economics is the study of the location choices of firms and households, and the consequences of these choices.
Urban economics examines the question of where of economic activity:
1) Households choose where to work
2) Households choose where to live
3) Firms choose where to locate its factory, office or store.
Significant Relationships between Urban Economics and other Social Sciences
There is a water tight relationships between urban economics and social sciences in all ramifications. Since urban economics is the economic study of urban areas; comprising the use tools of economics to analyze urban issues such as crime, education, public transit, housing, and local government finance, there is still the need to embrace the study of social environment in order to effective harness and manage these urban resources well for mans’ maximum utilization. Social environmental resources are those that have intrinsic value of their own or are of value for the longer term sustainability and use by humans. In strictly economic terms, environmental resources to a large extent are „non-tangible”.
Three Reasons why there can be Urban Economic Growth
The major reasons why there should be urban economic growth is to ensure and guarantee sustainability in towns and cities and developments need to be inclusive, holistic and visionary through integrated planning and transparent governance. Members of the society must be carried along no matter the class of interest, business or income level while government at the center must monitor the city growth plan implementation sincerely. A situation where certain residential neighbourhoods enjoy well tarred and tree-lined roads with adequate drainages while the greater part of the city has untarred roads is an indication that the city is not sustainable.

UGWU NKECHI said...

WHAT IS THE REAL MEANING OF DEVELOPMENT
Development can be defined as an emergent property of the economic and social system, in much the same way that consciousness is an emergent property of the brain. This seems obvious, and yet it is a surprising departure from the way most economists have normally described development as the sum of economic output of all the firms in the economy, or the sum of human well-being of the citizens of a nation. Development is not the sum of well-being of people in the economy and we cannot bring it about simply by making enough people in the economy better off. Development is instead a system-wide manifestation of the way that people, firms, technologies and institutions interact with each other within the economic, social and political system. Specifically, development is the capacity of those systems to provide self-organising complexity. Self-organising complexity in an adaptive system is never designed or deliberately built: it comes about from a process of adaptation and evolution. It follows that if we want to accelerate and shape development, we should focus especially on how the environment can be made most conducive for self-organising complexity to evolve.
This view of development as an emergent property of a system fits with the common-sense definition of development described earlier. Development is more than improvements in people’s well-being: it also describes the capacity of the system to provide the circumstances for that continued well-being. Development is a characteristic of the system; sustained improvements in individual well-being are a yardstick by which it is judged. This has important implications for development policy, both for developing countries themselves wishing to put their economy and society onto a path of faster development, and for outsiders who want to help that process. We are at an early stage of exploring those implications
From:
Ugwu Nkechinyere Jamine
2016/SD/36669

OBETA ERIC said...

Name: Obeta Eric Ikechukwu
Reg. No: 2016/SD/36673
DEVELOPMENT ECONOMY
This is a full course that covers all the major issues and developments in the field of development.
Development economy is the process by which a nation or a country improves the economic, political and social well-being of its citizens.
In development economy, we have economic growth and development economy, when we talk of economic growth, we mean Gross National Products while development economy has an even greater scope in addition to being concern with efficient allocation of existing national scarce resources. Development economy brings about rapid and large scale improvement in the level of the living for the people of a country in a manner that will most efficiently bring the fruit of economic progress to the broadest segments of societies.

EZE FIDELIS said...

NAME: EZE, FIDELIS OKONKWO
REG. NO: 2016/SD/35597
DEPT: SOCIAL SCIENCE EDUCATION
COURSE OF STUDY: EDUCATION/ECONOMICS
LECTURER: DR ORJI
LEVEL: 2/5
TOPICS:
Q 1: What is Development?
Q 2: Significant Relationships between Urban Economics and other
Social Sciences
Q 3: Three Reasons why there can be Urban Economic Growth
Meaning of Development
The agreed meaning of the concept "development" is very difficult to come by. This is so because various schools have their own definition of the term development. Development has been defined variously from the ideological bases of different authors. Whatever the case, development in any human society is a multi¬dimensional process having radical implications not only in the economy but also political, socio-cultural and administrative fabric of a nation or society.
Development is multi-dimensional and this is recognized by Dudley Seers even though he accept the economic meaning to be central having implication on the political, social and cultural aspect. Thus, he implies that, development provided the later lead to the solution of social and political problems in the society, Dudley Seers also observed on the norms and preference of a society, a society may be described as developed if it is able to meet a minimum level of nutrition for its citizens. Dudley Seers says that the fundamental questions to ask about a country's development are:
a) What has happened to poverty?
b) What has happened to unemployment?
c) What has happened to inequality?
If all of these three mentioned have improved high levels, then beyond doubt there has been a period of development for the country concerned. But if in one or two question above have been going worse especially if the three have, it will be strange to call the result development even if the per capita income has doubted.
The Concept of Urban Economics
Urban Economics is the study of the location choices of firms and households, and the consequences of these choices.
Urban economics examines the question of where of economic activity:
1) Households choose where to work
2) Households choose where to live
3) Firms choose where to locate its factory, office or store.
Significant Relationships between Urban Economics and other Social Sciences
There is a water tight relationships between urban economics and social sciences in all ramifications. Since urban economics is the economic study of urban areas; comprising the use tools of economics to analyze urban issues such as crime, education, public transit, housing, and local government finance, there is still the need to embrace the study of social environment in order to effective harness and manage these urban resources well for mans’ maximum utilization. Social environmental resources are those that have intrinsic value of their own or are of value for the longer term sustainability and use by humans. In strictly economic terms, environmental resources to a large extent are „non-tangible”.
Three Reasons why there can be Urban Economic Growth
The major reasons why there should be urban economic growth is to ensure and guarantee sustainability in towns and cities and developments need to be inclusive, holistic and visionary through integrated planning and transparent governance. Members of the society must be carried along no matter the class of interest, business or income level while government at the center must monitor the city growth plan implementation sincerely. A situation where certain residential neighbourhoods enjoy well tarred and tree-lined roads with adequate drainages while the greater part of the city has untarred roads is an indication that the city is not sustainable.

Dim Obioma said...

Name: Dim Obioma Sandra
Dept:Economics and political science(C.S.S)
Reg.Nos: 2015/198874
Course: Eco 361

WHAT IS REAL MEANING OF DEVELOPMENT?

The meaning measures, countries of the developing word characteristics of the developing countries, stratagies for developing and sources of funds for development. There is no universal definition of development. development is a multi-dimemensional phenomena. Development is not purely an economic phenomenona but a multi-dimensional process involving re-organisation, re-orientation of entire economic and social system. All must be done at a time.Development is a process of improving the quality of all human lives with four qually important objectives;
1. Raisng peoples living levels/standards such as food, medical services,education. Consumpto:what quality of energy,food ect.
2. Creatinng condition conclusive for the growth of people's self esteem: through the establishment of social, policies, economic system which promotes human dignity and respect.
3. Increasing people's freedoom to choice: by enhancing the range of their choice variable example varieties of goods and services.
4. Environmental improvement and sustaniability: there must be environmental sustainability for development to take place in a developing country. The central idea of development is the enhancement of the individual's abilities.

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