M SOMPA

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Learning activity 5

13 Jun 2021, 00:03 Publicly Viewable

Development is defined as progress which occurs socially, economically and politically it constitutes growth, structural change and disruptive equity.

 

DEVELOPMENT IS CONSTITUTED BY THE FOLLOWING FACTORS:

 Growth and Structural Change Development because the economies activities move from primary to secondary then tertiary sector. The income of less developed counties is generated from the primary sector which includes mining, fishing and agriculture. Developing countries make their income from secondary sector which includes manufacturing of raw materials. The developed countries have high income and in control of the tertiary sector such as telecommunications and health care.