Economic development is a process whereby an economy’s real national income as well as per capita income increases over a long period of time. Economic development, as it is now generally understood, includes the development of agriculture, industry, trade, transport, means of irrigation, power resources, etc. It, thus, indicates a process of development. The sectoral improvement is the part of the process of development which refers to the economic development. Economic growth is generally calculated from data on GDP and population provided by countries’ statistical agencies. This book covers the principles and practices of economic growth and development.
Print ISBN: 9781682500477 | $ 160 | 2016 | Hardcover
Contributors: Taiwo Akinlo, Olumuyiwa Tolulope Apanisile et al