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The economic growth rate is typically calculated as real Gross domestic product (GDP) growth rate, real GDP per capita growth rate or GNI per capita growth. The "rate" of economic growth refers to the geometric annual rate of growth in GDP or GDP per capita between the first and the last year over a period of time.
Development economics is a branch of economics that deals with economic aspects of the development process in low- and middle- income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, for example, through health, education and workplace conditions, whether ...
Sustainable development is an approach to growth and human development that aims to meet the needs of the present without compromising the ability of future generations to meet their own needs. [ 1 ] [ 2 ] The aim is to have a society where living conditions and resources meet human needs without undermining planetary integrity .
The development of a country has been associated with different concepts but generally encompasses economic growth through higher productivity, [13] political systems that represent as accurately as possible the preferences of its citizens, [14] [15] The extension of rights to all social groups and the opportunities to get them [16] and the ...
Economic growth, the increase in the inflation-adjusted market value of the goods and services Growth investing , a style of investment strategy focused on capital appreciation Mathematics
Loevinger's stages of ego development, 'conceptualize a theory of ego development that was based on Erikson's psychosocial model', as well as on the works of Harry Stack Sullivan, and in which 'the ego was theorized to mature and evolve through stages across the lifespan as a result of a dynamic interaction between the inner self and the outer ...
Definition [ edit ] According to the four stages of a business cycle (expansion, peak, contraction, trough), an expansion is an upward trend when a country's economy experiences relatively rapid growth as measured by a rise in industrial production, employment, consumer spending, and utilization of resources.
Development geography, a branch of geography which refers to the standard of living and quality of life of inhabitants; Development plan, a local authority's policies and proposals for land use; Development studies, examines socioeconomic growth and development, especially in developing countries, and may overlap with postcolonial studies