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Economic’s Development is the branch of economics that seeks to explain the
processes by which a developing country increases in productive capacity, both
agricultural and industrial, in order to achieve sustained economic growth.
Much work in Economic's Development has focused upon the way in which
such growth can be achieved. For instance the question of whether agriculture
ought to be developed in tandem with industry, or whether leading industries
should be allowed to move forward independently, so encouraging all sectors of
society. Another controversial question is whether less-developed countries are utilizing the most appropriate technology. Many economists argue for intermediate technology as most appropriate rather than very modern plants initially requiring. Western technologists and managers to run them. Socio-cultural factors are also influential in attempting to achieve a take-off into sustained economic growth.
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