Development Theory

Diploma Thesis from the year 2011 in the subject Geography / Earth Science - Regional Geography, grade: A, ( Atlantic International University ) (BUSINESS AND ECONOMICS), course: REGIONAL DEVELOPMENT., language: English, abstract: It is the wish of every community and every nation to move from one stage of development to another. Development is holistic approach that involves structural institutional changes and social economic transformation, in addition to increased outputs and incomes. Development also encompasses change in peoples customs and beliefs that are a hindrance to development programs. Economic growth involves urbanization, industrialization and increased and appropriate use of technology in all sectors of the economy. The government major role is to provide good welfare to its citizens. It is also obliged to facilitate economic players to actively participate in economic activity through provision of infrastructure. All this is done through the process of development theory, policy and planning.