Three Core Values of Development Economics

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Three Core Values of Development Economics

Three core values serve as standards of development.

Sustenance. This refers to the capacity to meet basic necessities such as food, clothing, and shelter. Lack of even one of these means that a person’s life is not progressive. A country develops if its citizens have enough or more than enough for their basic necessities, there is growth of income, extreme poverty is addressed, and there is equality among members of society.

Self-esteem. The quality of life is good when there is respect, trust, and self-value. Each person has needs which can be achieved through the presence of respect, dignity, and a good reputation in society. A person’s worth as an individual cannot simply be measured by the ownership of material things which is often given emphasis by progressive capitalist countries such as the United States. In the Philippines, material wealth is not the only important thing but the love for one’s family, the family’s reputation, and a person’s dignity and self-esteem. A country is developed if this unique need of the people is addressed.

Freedom from Servitude. This freedom is drawn from liberation from oppressive systems in society, poverty and abuse, slavery, sbobet ignorance, and the absence of the freedom to choose one’s culture or religion. This freedom can be seen in the range of choices in a society. What is good about development is not only the joy of being free from poverty but also the availability of a wide range of choices. In general, freedom prevails if people live a comfortable life, if they have the freedom to choose their religion, to vote and to express their opinion about administration and governance, and if they enjoy equal opportunities for education and employment.

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Moono Munsanda

10 months ago

Grateful and thankful.

Emmanuel K. Harris

2 years ago

Thanks for your wonderful piece of lesson that has helped me so immensely to be able to understand some basic issues in my field of study.

Thank you.

Azar Aftimos

2 years ago

Thank you very much.

Farhiya ismaily

2 years ago

Thanks you for your explanation

yaw eric

3 years ago

interesting notes

julius

4 years ago

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bantihun.getahun

4 years ago

I found it useful.

Mat

4 years ago

Nice piece of writing.

phil

4 years ago

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Kris Dominic Garswah

4 years ago

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Idris shiyaki

4 years ago

Add Your Commen…very nice work it help me alot to understood what my lectural thought me. Thanks!

Onos Chris.

4 years ago

Very helpful

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4 years ago

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mrimi

4 years ago

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5 years ago

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5 years ago

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5 years ago

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irene

5 years ago

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jmakotieno

5 years ago

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free

5 years ago

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me

6 years ago

thanks

CECILIA

6 years ago

Helpful notes

Anthony from kampala.

6 years ago

I appreciate your good work..it has made it easy for esp students.

Quitewell Peter

6 years ago

very applicable to everyone ether economics or other field but add more on self esteem and sustainanance

mathew

6 years ago

all the ideas are good, however it applies in an ideal situation which can be difficult to apply in the real world

karumaamos@yahoo.com

7 years ago

very helpful

karumaamos@yahoo.com

7 years ago

very helpful

my anne

7 years ago

how could we attain these for having a goodlife if we don’t have any oppurtunity?

jaziirah

7 years ago

the book of todoro book addition 10th

jaziirah

7 years ago

to what extent is it true to say that development is not constant

abdulhamid modiboo@yahoo.com

7 years ago

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Sohail

7 years ago

this is taken from the book of todoro book addition 10th ,,, defiantly its good for Students of economic.

kashif

7 years ago

very nice

Esther

7 years ago

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Morrycate

8 years ago

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ttashi23@gmail.com

8 years ago

the core values of development are realistic and helpful for the policy implementation……….

josephat

9 years ago

this are the best notes ever

gulalay

9 years ago

very good notes

worlanyo

9 years ago

this must be applied in Africa

Babty

9 years ago

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Sylvia

9 years ago

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knowledge

9 years ago

very helpful and reliable information

f.m.

9 years ago

really a good one

Apukoson

9 years ago

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Vicent

9 years ago

very good

7542

9 years ago

523.

uday gupta

10 years ago

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israr khan

10 years ago

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