economic development michael todaro notes

Todaro Surname User-submission: The personal name, Todaro, is a pet or short form of the first name, Theordore, which in turn is derived from, Theo, meaning 'God', and heron, meaning 'gift'. Edgar Owens (1987) suggested that development is when there is development of people (human development) and not development of things.

The summaries are written by students themselves, which gives you the best possible insight into what is important to study about this book. What is development according to Dudley Seers?ĭudley Seers (1969) suggested that development is when a country experiences a reduction or elimination of poverty, inequality and unemployment. On this page you find summaries, notes, study guides and many more for the textbook Studyguide for Economic Development by Todaro, Michael P., ISBN 9780133406788, written by Cram101 Textbook Reviews. Subsequently, question is, what do we mean by development? Development is a process that creates growth, progress, positive change or the addition of physical, economic, environmental, social and demographic components. In this view of economic development according to Todaro and Smith, Economic Development can be defined as process of a goal leading to a life of dignity for people in relationship to the overall context of their community and the environment that sustains them as a means of poverty alleviation. In respect to this, what is economic development by Todaro? According to TODARO (1981:56) refers to development as a multi-dimensional process involving the reorganization and reorientation of the entire economic and social systems. Development is a concept and multi-facetted phenomena.

Economic development michael todaro notes