... be accomplished, thereby increasing the wealth of the community and enhancing the quality of life. Whilst this definition of economic development emerges as being straightforward enough at first glance, an assessment of each of its component parts demonstrates the complexity and subtleties economic development actually encompasses (Allen and Thomas: p51). Besides, reference to the economic, social and political environments underlines the ... ...

• Word Count: 280
• Approx Pages: 1
• Grade Level: Graduate

... industries, and a multitude of support services. The economy is severly handicapped by overpopulation and about one quarter of the population is far too poor to be able to afford a sufficient diet. Government controls have been reduced on imports and foreign investment, and privatization of domestic output has proceeded slowly. The economy has reported an excellent average growth rate of about 6 percent ... ...

• Word Count: 648
• Approx Pages: 3
• Grade Level: Undergraduate

... , little civil liberties, and poor working conditions, its economy cannot be perceived as other national economies. It is obvious that China's ability to pay some workers roughly fifty cents an hour under terrible conditions has made its economy expand much faster than any other national economy. As a result of China's rapid economic development, means for economic development, and conflicts arising from ... ...

• Word Count: 570
• Approx Pages: 2
• Grade Level: Graduate