Employment of Policies to Attain Economic Development
Economic Development – Writing Assignment
Suppose that you are advising a developing country government. Based on what you have learned in the course so far, write an-essay to explain a few of the most important things that the government should remember when it is choosing policies to facilitate development. (Note that there is not a “correct” answer or set of answers to this question—there are many important things that a government should consider.)
The paper is going to be marked on: i) the quality of the writing, ii) your ability to integrate a considerable amount of course material in your writing.
This is NOT a research paper. Therefore, all of the ideas and content in the paper should be from the course material, and your reflections on or linkages between the different pieces of course material.
The paper should be no more than 2 pages, double-spaced, 12-point font, with 1 inch margins.
An Essay about Economic Development
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An Essay about Economic Development
Over the years, there has been an increase in discussion regarding development within a country since it is likely to improve the quality of life within a country. Even though development is important within the country, there have been instances where the government has failed to attain it. The government should, therefore, be right to employ the right policies if it wants to attain development. One of the important factors it should consider when employing economic development policies is the country's technology level. Since technology keeps on changing, the government should employ measures to adapt to technology. Technology will likely help the organization boost the agricultural sector (Lecture 3, n.d.). This process would help the country to increase productivity, improving its competitive advantage in the global market.
Moreover, when employing the development policy, the government should understand the patterns that usually result from development. For example, when there is development in a region, there is likely to be a rural-urban migration (Lecture 3 Part Two, n.d.). The government should employ measures to develop the urban areas, such as improving the roads to reduce traffic. On the other hand, the population is likely to rise and then decrease according to the family size. Therefore, the government should