Development is not purely an economic phenomenon but rather a multi-
dimensional process involving the reorganization and reorientation of the entire economic and social system. Development is the process of improving the quality of all human lives. From a traditional economic view, development is seen as an economic phenomenon in which rapid gains in overall growth would trickle down to the masses in the form of jobs and other economic opportunities. From a new economic view, development is the reduction or elimination of poverty, inequality, and unemployment within the context of a growing economy. It focuses on the development of people rather than the development of things. The challenge of development is to improve the quality of life. Especially in the world's poor countries. So development means less poverty, a cleaner environment, more equal opportunity, greater individual freedom, and a richer cultural life. Development is a process that creates growth, progress, and positive change in economic, environmental, social, and demographic components without damaging the resources of the environment.
### Sure, here is an essay justifying the statement "crime is a by-product of
economic development" with examples from Bangladesh: Crime as a By-product of Economic Development: Evidence from Bangladesh Economic development is often seen as a panacea for societal ills, leading to improved living standards, reduced poverty, and increased opportunities. However, economic growth can also bring with it a rise in criminal activity, a phenomenon that has been observed in various countries, including Bangladesh. Bangladesh has experienced significant economic growth in recent decades, with its GDP per capita increasing by over 60% between 2010 and 2020. This growth has been driven by factors such as the expansion of the garment manufacturing industry, increased remittances from abroad, and investments in infrastructure. Despite these positive economic developments, Bangladesh has also seen a rise in crime rates. According to the Bangladesh Bureau of Statistics, the number of reported crimes increased by over 20% between 2015 and 2019. This increase has been particularly pronounced in urban areas, where the rapid pace of development has led to urbanization, inequality, and social dislocation. There are several factors that contribute to the link between economic development and crime. One factor is the increased availability of goods and services, which can make it more attractive for individuals to engage in criminal activity. Additionally, economic development can lead to increased inequality, as certain groups benefit more from the growth than others. This inequality can create resentment and frustration, which can fuel criminal activity. Bangladesh provides several examples of how economic development has contributed to crime. For instance, the garment manufacturing industry, a major driver of economic growth in Bangladesh, has been linked to labor exploitation, poor working conditions, and increased crime rates in the vicinity of garment factories. Another example is the influx of people to urban areas in search of employment opportunities. This rapid urbanization has led to overcrowded slums, inadequate infrastructure, and a lack of social support systems, creating an environment conducive to criminal activity. Moreover, the rise in income levels has led to an increase in the demand for luxury goods, which has fueled theft, robbery, and other property crimes. Additionally, the expansion of the financial sector has made it easier for criminals to access funds, making crimes such as fraud and embezzlement more prevalent. While economic development can bring about positive changes, it is crucial to acknowledge and address the potential negative consequences, including the rise in crime rates. Addressing these issues requires a comprehensive approach that includes: Promoting inclusive and equitable growth to ensure that the benefits of development are shared more widely and that marginalized groups are not left behind. Investing in education and skills training to provide individuals with the opportunities they need to participate in the formal economy and reduce their reliance on criminal activity. Strengthening law enforcement and criminal justice systems to effectively deter, investigate, and prosecute criminal offenses. Promoting social cohesion and community development to create a supportive environment that reduces the likelihood of individuals turning to crime. Addressing the root causes of crime such as poverty, inequality, and social exclusion through comprehensive social development policies. By acknowledging the complex relationship between economic development and crime and implementing proactive measures, Bangladesh can mitigate the negative impacts of crime and harness the benefits of economic growth to create a more just and secure society.
### Indicators of Development
Different countries have different priorities in their development policies. There are seven indicators of development. Indicators measuring this achievement could then be used to judge countries' relative progress in development such as: Increasing national wealth; Improving the well-being (nutrition, education, health, and wealth) of the majority of the population; Ensuring people's freedom; Increasing their social and economic security. But, indicators of only wealth, which reflect the quantity of resources available to a society, do not provide sufficient information about the allocation and consumption of the resources - whether equitable or not in terms of their distribution among different social groups; the shares of resources used to provide free health and educational services to them; and the effects of production and consumption on people's environment; and so on. Thus, it is no wonder that countries with similar average incomes can differ substantially when it comes to people's quality of life; access to education and health care, employment opportunities, availability of clean air and safe drinking water, the threat of crime, and so on. There are mainly seven indicators of development. i) GDP (gross domestic product) per capita. ii) Life expectancy. iii) Number of doctors per 100,000 population. iv) Percent of population that are undernourished. v) Percent of the population that has access to clean safe drinking water. vi) Under 5 mortality rate. vii) Adult literacy rate
### Core values of development
The current approach to development owes a great deal to the writings and views of Noble Laureate Dr. Amartaya Sen. As Sen put it, ``Economic growth cannot be sensibly treated as an end in itself. Development has to be more concerned with enhancing the lives we lead and the freedoms we enjoy.” This new approach is popularly known as Sen’s Capabilities Approach. According to this approach, development is not just about increasing the availability of commodities (the focus of the per-capita income approach) but expanding the capabilities of individuals to use these commodities and enhancing the freedom of choice of people. Higher income is important an element of one’s well-being. But, well well-being of individuals also depends on their health, education, geographical and social environment, and political system. There are three core values of development: (i) sustenance, (ii) (ii) self-esteem, and (iii) (iii) freedom. Sustenance: Sustenance is the ability to meet basic needs of people. All people have certain basic needs without which life would be impossible. These basic needs include food, shelter, health, and protection. People should have access to these basic needs. Self-Esteem: A sense of worth and self-respect and a feeling of not being marginalized are extremely important for an individual’s well-being. All peoples and societies seek some form of self-esteem (identity, dignity, respect, honor, etc.). The nature and form of self-esteem may vary from one culture to another and from time to time. Self-esteem may be based on material values: higher income or wealth may be equated with higher worthiness. One may consider individuals worthy based on their intellect or public service. Freedom from Servitude: Human freedom, the ability to choose, is essential for the well-being of individuals. Freedom involves an expanded range of choices for societies: economic and political. It involves freedom from bondage, serfdom, and other exploitative economic, social, and political relationships.