Concept information
Preferred term
development economics
Definition
- Development economics is the application of economics to the study of low and middle countries that are typically characterized by more agricultural and less industrial economies and account for five sixths of the world's population. This broad definition of development economics encompasses a wide variety of topics and approaches. [Source: Encyclopedia of Business Ethics and Society; Development Economics]
Broader concept
Narrower concepts
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/development_economics
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