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Can Development Be Measured By Economic Indexes Alone ? (Detailed Plan)


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OIB UK
History / Geography

Can development be measured by economic indexes alone ? (detailed plan)

In order to answer the question, we first need to define what we mean by development:
-Economic sense of the word (GDP, GNP, economic growth, etcÂ…)
-Quality of life (enough food, hospitals, education)
-Politics, Religion, Human Rights (this is seen from a European/American point of view, seen from other countries, this may not come into account)
-Ecological Sustainability
Basing ourselves solely on this definition, we can already answer the question: no. Though, it is necessary to moderate what we have just said. These four categories are intertwined and can have effects on one another; so what is measured by economic indexes will also reflect the other concepts of the word development.

I) MEDC More Economically Developed Countries
These countries usually possess a high GNP/GDP:
United States: 24,700 per capita (ranked 2nd)
Luxembourg: 22,600 per capita (ranked......

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Approximate Word Count: 583
Approximate Pages: 3 (260 words per double-spaced page)

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