The term economic development can be explained as the process by which the economic wellbeing and quality of life of a nation, community, or particular region are improved according to predefined goals and objectives Economic development is a combination of market productivity and the welfare values of the nation Factors Affecting EconomicThe principal factor affecting the development of an economy is the natural resources Among the natural resources, the land area and the quality of the soil, forest wealth, good river system, minerals and oilresources, good and bracing climate, etc, are included NonEconomic Factors in Economic DevelopmentChapter 3 presented the evidence on relationships between participation in the Supplemental Nutrition Assistance Program (SNAP) and the potential for participants to achieve the program goals of improving food security and access to a healthy diet This chapter presents evidence on individual, household, and environmental factors that affect food purchasing and consumption
Economic Growth Wikipedia
