
Economical development
Economic development refers to the process by which a country improves the standard of living for its people through growth in income, employment, infrastructure, education, and healthcare. It involves increasing the production of goods and services, creating jobs, reducing poverty, and building better systems for health and education. Essentially, it’s about making a country more prosperous and capable of supporting a higher quality of life for its citizens over time. This growth enables nations to invest in future opportunities, improve public services, and foster sustainable progress.