How is the traditional notion of development different from the modern notion of development?
Traditional notion of development | Modern notion of development |
a.Development in the conventional sense would mean rise in per capita income and growth in the economy. |
This notion of development implies leading a good quality life where individuals develop themselves to the fullest. |
b. It takes into account the quantitative aspect of development and does not give a broader perspective about the notion of development. | It includes providing good education, health facilities. This gives us a broader picture of development as specified by Human Development index..It includes the qualitative aspect of development. |
c. It takes into account national income, per capita income, GDP. |
This would include the literacy rate ,life expectancy rate, infant mortality rate to determine the development status of a particular region or a country. |