Each country is always trying to realize a just and prosperous society. To achieve these objectives, each country implementing economic development. One measure of the success of economic development is economic growth. Almost all countries in the world would carry out economic development. This is because economic development is an effort to realize the welfare of society.
Economic development is an effort to raise and maintain the increase in Gross Domestic Product (GDP) per capita while still showing the population growth rate accompanied by a fundamental change in economic structure. In the process of economic development, the government consciously and planned to make changes toward improving standards of living.
Economic development covers a broader dimension, integrated, of the various aspects of life. In other words, economic development not only pursue objectives that are quantitative, but more emphasis on fundamental changes in the economy of a country.
The purpose of economic development
In general, the economic development objective is to build a prosperous society. To improve the welfare of the community, development should be directed to the following matters.
a. Improve supply and distribution of basic needs of society.
b. Improve living standards, including adding and improving income and employment, better education, improved cultural values, as well as the dignity of the nation.
c. Expanding the reach of economics and social choice community by freeing from slavery, dependence, ignorance and suffering.