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Reasons for developing

1. Agriculture the main occupation


2. Lack of capital
3. Inequalities of income and wealth
4. Inadequate infrastructure
5. Lack of entrepreneurial ability
6. Under developed natural resources
7. Foreign Debt
8. Rapid population growth
9. High rate of Unemployment
10. Illiteracy
11. Unskilled Labor force
12. Outflow of brain drain
13. Poor consumption patterns
14. Low per capita income
15. Technical backwardness
16. Adverse Balance of payments
17. Electricity crisis
18. Terrorism
19. High Population
20. Poverty
21. Inadequate Physical And Social Infrastructure
22. Limited Employment Opportunities
23. Insufficient Basic And Higher Education Opportunities.
24. Growing Population
25. Energy Crisis
26. Budget Deficit
27. Poverty
28. Environment And Health Issues
29. Low Standard Of Living
30. No Development Of Rural Areas
31. Low Per Capita Income
Reasons for development
1. High HDI Ranking
2. High GDP
3. Low Population
4. Developed Industry
5. High Technology In All Sectors Of Economy
6. High Income Per Capita
7. Global Trade And Investment
8. High Literacy Rate
9. Political Stability
10. Life Expectancy
11. Inflation Has Been Low
12. Good Infrastructure
13. Consistent GDP Growth
14. High Productivity
15. Equal Distribution Of Wealth
16. Efficient Resource Utilization
17. Long Term Fiscal & Monetary Measures
18. Favorable Trade & Commerce
19. High Saving Ratio
20. Capital Stock
21. Skilled Labor Force
22. High Literacy Rate
23. Lower Population Growth Rate
24. Large Urban Population
25. Strong Infrastructure
26. Higher Public Dev. Expenditures
27. Stable Governments
28. Strong Political Culture
29. Stable Law & Order Situation
30. Effective Employment Laws
31. Better Demand Management
32. Industrial Shift
33. High Rate Of Automation
34. Expenditures On Research & Dev.
35. Developed Markets
36. Economies Of Scale & Value Addition

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