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Traditionally, development has meant increasing and sustaining the economic rates

that imply prosperity. A nation's output can rise at a faster rate than its population
by achieving sustained rates of income per capita growth. Development refers to
the planning of employment, production, consumption, and investment structures
in order to achieve economic development and keep per capita gross national
income (GNI) growth rates on track. Development, in a strict economic sense,
comprises industrialization and globalization in order to offer more economic
possibilities and a more equitable distribution of wealth in society. With the
passage of time, economists and policymakers with a different viewpoint began to
associate development with the reduction or eradication of poverty, inequality,
and unemployment in the framework of a growing economy. Changes in existing
systems should be considered as a means of improving the social system,
accelerating economic growth, reducing inequality, and eliminating poverty.
Individuals and social groups should be able to have their wants and goals met in
the development process in order to improve their quality of life. To address the
decline in employment, equality, and income generation, economic development
should include the achievement of human goals in its multidimensional
transformation processes. The concept of development is defined as "change and
growth," which excludes the term underdevelopment.

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