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BUCU 003: Development Studies Notes

Institution: Mount Kenya University

Course: Development Studies

Content Category: Lecture Notes

Posted By: PENTAMRK

Document Type: PDF

Number of Pages: 69

Price: KES 200
 
    

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Summary

Mount Kenya University
BUCU 003: Development Studies Notes

CHAPTER 1: AN OVERVIEW OF THE CONCEPTS OF DEVELOPMENT
Learning Objectives
a) Define development and its impact to socio- economic growth
b) Distinguishing between underdevelopment and less developed countries
c) To establish the most acceptable definition of development
d) Discuss the different Obstacles to development.
A. Underdevelopment
This means a situation where resources are not used to their full socio-economic potential, with the result that local or regional development is slower in most cases than it should be.
Furthermore, it results from the complex interplay of internal and external factors that allow less developed countries only a lop-sided development progression. Underdeveloped nations are characterized by a wide disparity between their rich and poor populations, and an unhealthy balance of trade. Symptoms of underdevelopment include lack of access to job opportunities, health care, drinkable water, food, education and housing some of the world poorest
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