Core Principles of Development
Balance economic, social, political factors.
Causes of South Countries' Underdevelopment
Colonial legacy, instability, dependency, backwardness.
Development potentials in Nigeria
Natural resources, location, youthful population.
Indicators of Underdevelopment
Low income, high unemployment, poor infrastructure.
Solutions to Overcome Underdevelopment
Good governance, diversification, human capital investment.
Economic disparities
Income gaps, unequal access to services.
Social disparities
Health, education, urban-rural divide.
Factors of regional inequality
Historical exploitation, governance, resource distribution.
Sustainable Development — goal?
Meet present needs without harming future.
Economic Modernization — process?
Transform traditional economies into advanced systems.
Human Capital Development — focus?
Invest in education, health, skills.
Technological Advancement — role?
Increase productivity, competitiveness.
Political Stability — importance?
Fosters consistent development environment.
Impact of colonial legacy?
Weak institutions, resource exploitation.
Pon a prueba tus conocimientos con 7 preguntas sobre Understanding Development and Underdevelopment.
1. Who is credited with formulating the core principles of development as described in the course outline?
2. What is identified as a lasting effect of colonial rule that contributes to underdevelopment in South countries?
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