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Economic Development is a branch of economics that analyzes the problems faced by developing countries is growing and getting ways to overcome the problems is that developing countries can build the economy with faster again.
Economic Development activities are conducted to develop the economy and standard of living of communities or
A process which caused the income perkapita population increase in the long term
Economic Analysis of Development Problems = Developing Countries
Ranking countries of the world
I. Based on the level of welfare of the community:
a. Country To The World-I (First World)
(State forward / Developed Country)
Western European (English, French, Dutch, Portuguese, West Germany)
North America (USA, Canada)
Australia, New Zeland, Japan, Korea, China
b. Countries to the World-II (Second World)
(State forward / Developed Country)
- Eastern Europe (Russia, Poland, East Germany, Czech)
c. Country To The World-III (Third World)
(Developing Country / Country South)
- Most of Asia (except Japan, Korea and China),
- African Countries
- Countries in Latin America (South and Central America).
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