Offering K Faculty of Economic Economic Development S1Economic and Study Development

OFFERING K Faculty of Economic Economic Development S1Economic and Study Development
1.
2. 3. 4. 5. 6. 7.
Moh. Yusron Fadli Murni Nanda Puspita Amalia Nicho Pramana P Nimatul Mawaddah Nina Apriliya R Silviana Noerita
1.
Describtion of Economic Development Economic development is a process of increase in total income and income per capita to take into account the population growth and is a accompanied by fundamental changes in the structure of a countrys economy and the equitable distribution of income for the inhabitants of a country.
Economic Development can not be separated from Economic Growth. Economic development encourages economic growth, and conversely, economic growth expedite the process of economic development.
Three important elements relating to economic development, they are :
Development as the process

Development as the process, meaning development is a stage that must be lived by every community or nation. For example, humans began to birth, did not immediately become an adult, but to become an adult should go through stages of growth. Likewise, every nation must undergo stage of development towards a fair condition, and prosperous.
Development as an attempt to increase income per capita

As a business, building an active act that must be done by a country in order to increase income per capita. Thus, the much-needed role of the community, government, and all elements contained within a country to active participate in the development process. This is done because of increases in per capita income reflects an improvement in welfare.
An economy can be expressed in developing a state where per capita income in the long run tends to increase. This does not mean that income per capita should have increase continuous.
There are several factors that influence the growth and economic development, but in essence these factors can be grouped into two, namely economic and noneconomic factors.
Economic factors that affect economic growth and development include natural resources, human resources, capital resources, and expertise or entrepreneurship.
Natural resources, which include land and natural resources such as soil fertility, the climate/weather, forest product, mining, and seafood, greatly affect a countrys industrial growth, especially in terms of providing raw material production.
Human resources also determine the success of national development through the number and quality of the population. Large population is a potential market to market the result of production, while the quality of the population determines how much productivity there. , skills and entrepreneurship needed to process raw materials from nature, becomes something that has a higher value (also known as the production process).
Meanwhile, human capital resources needed to process these raw materials. Capital formation and investment aimed to explore and cultivate wealth. Capital resources in the form of capital goods is very important for the development and facilitation of economic development because capital goods can also increase productivity
Noneconomic
factors include the culture of social conditions that exist in society, political, institutional, and systems that develop and apply.
Differences Economic Growth and Economic Development

Economic Growth Is the rise in product per capita in the long run No attention to equitable distribution of income No attention population growth May not necessarily improve peoples lives Economic growth is not necessarily accompanied by economic development Each input can produce more output
ECONOMIC DEVELOPMENT
Is a continuous process of change towards improvements including an effort to increase product per capita Attention the distribution of income, including distribution of development and its results Attention into population growth Improve peoples lives Economic development has always been accompanied by economic growth Each input in addition to producing more output also changes in the institutional and technical
Economic development that takes place in a country impact, both positive and negative.
Positive Impact of Economic Development

Through economic development, the implementation
of economic activities will run more smoothly and be able to accelerate the process of economic growth The existence of economic development made possible the creation of jobs needed by the community, thereby reducing unemployment The creation of jobs as a result of direct economic development can improve the level of national income.
NEGATIVE IMPACT OF ECONOMIC DEVELOPMENT
The
existence of economic development are not well planned result in environmental damage, Industrialization resulted in loss of agricultural land.

Offering K Faculty of Economic Economic Development S1Economic and Study Development

Uploaded by

Copyright:

Available Formats

Offering K Faculty of Economic Economic Development S1Economic and Study Development

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Offering K Faculty of Economic Economic Development S1Economic and Study Development

Uploaded by

Copyright:

Available Formats

OFFERING K Faculty of Economic Economic Development S1Economic and Study Development

Three important elements relating to economic development, they are :

Development as the process

Development as an attempt to increase income per capita

Differences Economic Growth and Economic Development

Positive Impact of Economic Development

NEGATIVE IMPACT OF ECONOMIC DEVELOPMENT

You might also like