Growth

Economic Growth and Development

Given the multiple uses for the term development, it is challenging to find a consensus of its definition because many times the defining of a concept takes into account the purpose of its use and the area of study.

Development is a social condition in which the authentic needs of a population are satisfied with the rational and sustainable use of resources and natural systems. The use of resources is based in technology that respects cultural aspects and human rights. All social groups have access to basic services and organizations such as education, housing, healthcare, nourishment and their traditions and cultures are respected.

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