This document discusses several methods used to measure economic development. It describes common metrics like gross national product (GNP) and per capita income, as well as indexes that account for other factors like quality of life, education, health and gender equality. These include the Physical Quality of Life Index, Human Development Index, Capability Approach, and Gender Related Development Index. No single measure can fully capture a country's economic development, so economists consider multiple criteria to evaluate progress.
The classical growth theory argues that economic growth will decrease or end because of an increasing population and limited resources Classical growth theory economists believed that temporary increases in real GDP per person would cause a population explosion that would consequently decrease real GDP.
The Kaldor-Hicks Compensation Principle was given by British Economists Nicholas Kaldor And Noble laureate John Hicks. Both are famous for giving their contribution to economic concepts in the existing knowledge of literature.
The economic literature ever since the dawn of modern economics has been much preoccupied with the issue of economic growth Economic growth has also been understood to establish the conditions for economic development The better-known models of economic growth such as the Lewis, Rostow Harrod Domar Solow, and Romer growth models are discussed
Characteristics of underdeveloped economiesGeorgi Mathew
discussing the features of under developed or developing countries with special reference to India. helpful for school and college who try to understand the characteristics of Indian economy from the angle of developing economy.
The classical growth theory argues that economic growth will decrease or end because of an increasing population and limited resources Classical growth theory economists believed that temporary increases in real GDP per person would cause a population explosion that would consequently decrease real GDP.
The Kaldor-Hicks Compensation Principle was given by British Economists Nicholas Kaldor And Noble laureate John Hicks. Both are famous for giving their contribution to economic concepts in the existing knowledge of literature.
The economic literature ever since the dawn of modern economics has been much preoccupied with the issue of economic growth Economic growth has also been understood to establish the conditions for economic development The better-known models of economic growth such as the Lewis, Rostow Harrod Domar Solow, and Romer growth models are discussed
Characteristics of underdeveloped economiesGeorgi Mathew
discussing the features of under developed or developing countries with special reference to India. helpful for school and college who try to understand the characteristics of Indian economy from the angle of developing economy.
Lewis theory, Rani-Fie-Lewis Theory on unlimited supplies of Labour and Todaro Model of Rural Urban Migration are famous theories on Rural_Urban Migration in Development economics
Lewis theory, Rani-Fie-Lewis Theory on unlimited supplies of Labour and Todaro Model of Rural Urban Migration are famous theories on Rural_Urban Migration in Development economics
e terms economic development & economic growth are often understood as referring to the economic progress of a country. These are taken as pointers of higher standard of living and better quality of life. However, the perception of economist in this regard is quite different.
This is the ppt in which the summary of Chapter 1(Economics) Class 10 is present. You can also took notes from this ppt. So,enjoy this ppt. Thank you for reading.
-Richa Thakur
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
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how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
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how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
2. MEASUREMENT OF ECONOMIC DEVELOPMENT
Economic development is a process of change over a long period of
time.
There are several criteria or principles to measure the economic
development.
None of the criteria provides a satisfactory and universally acceptable
index of economic development.
It is a complex problem to answer about the measuring of economic
development.
3. MEASUREMENT OF ECONOMIC DEVELOPMENT
R.G. Lipsey maintains that there are many possible measures of
a country’s degree of development like income per head, the
percentage of resources unexploited, capital per head, saving per
head and amount of social capital.
Commonly used criteria of economic development are increase
in national income, per capita real income, comparative concept,
standard of living and economic welfare of the community etc.
R.G. Lipsey
4. GROSS NATIONAL PRODUCT (GNP)
Gross national product (GNP) is an estimate of total value
of all the final products and services turned out in a given
period by the means of production owned by a country's
residents.
GNP is commonly calculated by taking the sum
of personal consumption expenditures, private domestic
investment, government expenditure, net exports and any
income earned by residents from overseas investments,
minus income earned within the domestic economy by
foreign residents.
Net exports represent the difference between what a
country exports minus any imports of goods and services.
5. GNP measures the total monetary value of the output produced by a country's
residents.
ny output produced by foreign residents within the country's borders must be
excluded in calculations of GNP, while any output produced by the country's
residents outside of its borders must be counted.
GNP does not include intermediary goods and services to avoid double-counting.
6. PER CAPITA INCOME
Per capita income is a measure of the amount of
money earned per person in a nation or geographic
region.
can be used to determine the average per-person
income for an area and to evaluate the standard of
living and quality of life of the population.
Per capita income for a nation is calculated by dividing
the country's national income by its population.
7. PHYSICAL QUALITY OF LIFE INDEX
The Physical Quality of Life Index (PQLI) is an attempt
to measure the quality of life or well-being of a country.
It considers the value is the average of three statistics:
basic literacy rate, infant mortality, and life expectancy
at age one.
It all equally weighted on a 0 to 100 scale.
It was developed for the Overseas Development
Council in the mid-1970s by Morris David Morris
Morris David Morris
8. HUMAN DEVELOPMENT INDEX
HDI is a statistic developed and compiled by the United Nations
to measure and various countries' levels of social and economic
development.
It is composed of three principal areas of interest: mean years of
schooling expected years of schooling, life expectancy at birth,
and gross national income per capita.
This index is a tool used to follow changes in development levels
over time and to compare the development levels of different
countries.
The computed HDI of a country is an average of indexes of each
of the life aspects that are examined: knowledge and
understanding, a long and healthy life, and an acceptable standard
of living.
The components is normalized to scale between 0 and 1.
9. CAPABILITY APPROACH
The capability approach also referred to as the capabilities
approach is an economic theory conceived in the 1980s as an
alternative approach to welfare economics.
In this approach, Amartya Sen and Martha Nussbaum bring
together a range of ideas that were previously excluded from
traditional approaches to the economics of welfare.
The core focus of the capability approach is on what
individuals are able to do.
Amartya Sen
Martha Nussbaum
10. Sen argued for five components in assessing capability:
1.The importance of real freedoms in the assessment of a person's advantage
2.Individual differences in the ability to transform resources into valuable activities
3.The multi-variate nature of activities giving rise to happiness
4.A balance of materialistic and no materialistic factors in evaluating human welfare
5.Concern for the distribution of opportunities within society
Sen has helped to make the capabilities approach predominant as a paradigm for policy
debate in human development where it inspired the creation of the UN's Human
Development Index.
It became a popular measure of human development, capturing capabilities in health,
education, and income
11. GENDER RELATED DEVELOPMENT INDEX
The Gender Related Development Index (GDI) is an index
designed to measure gender equality.
GDI together with the Gender Empowerment Measure (GEM) were
introduced in 1995 in the Human Development Report written by
the United Nations Development Program.
The aim of these measurements was to add a gender-sensitive
dimension to the Human Development Index (HDI).
The GDI is defined as a "distribution-sensitive measure that accounts
for the human development impact of existing gender gaps in the
three components of the HDI.
The HDI and the GDI (as well as the GEM) were created to rival the
more traditional general income-based measures of development
such as gross domestic product (GDP) and gross national product
(GNP).