Development is frequently considered to be a way to spur economic growth and a path toward progress.
The improvement of the fiscal, economic, and social conditions in impoverished countries is the focus of the economics branch known as "development economics."
Development economics considers factors like health, education, local and global policy, and market circumstances with a focus on improving conditions in the world's poorest countries.
In addition to examining local and global economic growth, this field also examines macroeconomic working conditions and microeconomic facets of developing economies' architecture.
Development economics studies the process through which underdeveloped nations become more developed. Strategies for modifying a rising economy typically need to be specially adjusted to each country because social and political histories of different countries might vary substantially.
To know more about development:
https://brainly.com/question/4414339
#SPJ4
