VUTOMI SIMANGO

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LEARNING ACTIVITY 5

26 May 2021, 21:21 Publicly Viewable

Four factors that constitute development

1. Transformation in politics.

Political development should be accompanied by economic and socio-cultural development. For instance, whereas political freedom in the Middle East is rising and has an effect on economic progress, prosperity still has not been correlated with political freedom in South Africa and Mozambique.

2. Modernization.

It is vital for a country to stay current with its technology. As a result, the world is heading in the direction of a technological era. South Africa, on the other hand, has battled with modernization for many years, and as a result, we remain a third-world nation with limited technical development.

3. Distribution of income

Relatively level income distribution is necessary for countries to develop, this means that everyone's income improves. That is, income distribution is equitable, but the concept of "equitable" is subjective. Income equality has the potential to accelerate growth and promote economic development. The distribution of wealth and income in a country is one method of distributing a country's wealth and revenue fairly.

4. Educational and health advancements

When a country has access to high-quality education and training like south Africa, which results in significantly improved learning outcomes. Improvements in healthcare quality indicate fewer errors, shorter service delivery times, more efficiency, improved market share, and cheaper costs. Education and health have the potential to influence the development of the country are critical to the accumulation of human capital and the process of development.