{"id":5362,"date":"2019-02-14T09:31:08","date_gmt":"2019-02-14T04:01:08","guid":{"rendered":"http:\/\/astan.lk\/al_virtualclassroom\/?p=5362"},"modified":"2019-02-16T10:55:11","modified_gmt":"2019-02-16T05:25:11","slug":"economic-development","status":"publish","type":"post","link":"https:\/\/astan.lk\/al_virtualclassroom\/economic-development\/","title":{"rendered":"Economic Development"},"content":{"rendered":"<ul>\n<li>Economic development is a changing process of the economy and increases the economic development of the life of the people and increases the quality of life.<\/li>\n<li>There is development in the social, political environmental and cultural sectors with the economic development.<\/li>\n<li>Economic development is a multi-dimensional process as it develops several sectors in the economy.<\/li>\n<li>The following conditions should be fulfilled to achieve Economic development together with Economic growth:\n<ul>\n<li>Structural changes in the production process in the economy<\/li>\n<li>Increase in productivity of production resources \/ Factors of production<\/li>\n<li>Improvement in production techniques and in technology<\/li>\n<li>Modernization<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3><span style=\"color: #000000;\">Individual indices\u00a0to measure the progress of Economic development\u00a0<\/span><\/h3>\n<ul>\n<li>Per capita G.D.P<\/li>\n<li>Relative income distribution<\/li>\n<li>Life expectancy<\/li>\n<li>Literacy rate<\/li>\n<li>Gini Coefficient<\/li>\n<li>Labour force participation rate<\/li>\n<\/ul>\n<h3><span style=\"color: #000000;\">Composite Indices<\/span><\/h3>\n<ul>\n<li>Physical quality of life index<\/li>\n<li>Human Development \u00a0index<\/li>\n<li>Human poverty \u00a0index<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Economic development is a changing process of the economy and increases the economic development of the life of the people and increases the quality of life. There is development in the social, political environmental and cultural sectors with the economic development. Economic development is a multi-dimensional process as it develops several sectors in the economy. [&hellip;]<\/p>\n","protected":false},"author":842,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[54,2697],"tags":[],"class_list":["post-5362","post","type-post","status-publish","format-standard","hentry","category-economics","category-unit-10-en-economics"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Economic Development - Learning &amp; Education Portal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/astan.lk\/al_virtualclassroom\/economic-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic Development - Learning &amp; Education Portal\" \/>\n<meta property=\"og:description\" content=\"Economic development is a changing process of the economy and increases the economic development of the life of the people and increases the quality of life. There is development in the social, political environmental and cultural sectors with the economic development. Economic development is a multi-dimensional process as it develops several sectors in the economy. 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