Economic development is a set of policies and activities created to build long-term economic growth. This term is used to describe actions taken by governments, non-profit organizations, states, and communities. Naturally, their goal is to stimulate the economy.
On a broader scale, everything that a community does to generate wealth falls under the umbrella of economic development. Thus, an essay on this subject heavily relies on the task you’re dealing with. If you’re uncertain about the appropriate definition, you can clarify it with your instructor.
If you need to work on an economic development essay, this article will come in handy. In the following section, our team has collected some writing tips you will need to complete the task. Besides, we have prepared economic development essay topics. Among them, you will be able to find an ideal one for your paper. Moreover, you will find some free samples to check out.
Tips for Economic Development Essay
For a good essay about economic development, you first need to understand the foundational principles of academic writing. In other words, you have to know the standard five-paragraph structure. Plus, you should understand how to defend your position. We’ve discussed it here.
Your economic development essay should include the following sections:
The hook & context. The first thing the reader will see is your introduction. So, it has to be catchy and informative. Provide an essential context to what you are trying to argue.
The thesis statement. It is one sentence that expresses the message of your work. Its primary goal is to help control the ideas within the paper. Formulate your thesis clearly and place it at the end of the introduction.
The arguments & examples. Arguments are the statements you make to explain your point of view. They should help you convince others to agree with you. In the five-paragraph essay, you will usually include three argumentative paragraphs – they will be the main body. These sections should contain examples so that your points become believable.
The summary & concluding thoughts. This paragraph wraps up everything that was stated before. Our summarizer can help you with that task. Remember not to introduce any new ideas but to accentuate the main points. It is the last opportunity to leave your reader thinking about the issues raised in the paper.
To see the actual implementation of the structure, check the economic development essay examples below.
21 Economic Development Essay Topics
An original and exciting idea is a must when writing a top-of-the-class paper. That’s the reason why we have gathered this list of topics for your economic development essay. Hopefully, you will find a title that will work for you. If not, try using our topic generator to develop a different idea.
Here are some economy and development essay topics:
Explain the role of agriculture in the economic development of least-developed countries.
What is the correlation between democracy and economic development?
What is sustainable development? Why is it so important?
Why does environmental protection of the environment contribute to economic growth?
Analyze the role of human capital in promoting economic growth in Southern Africa.
Trace the connection between population growth and economic growth.
Is it possible for a country to be developed without industrialization?
What is the role of globalization on economic growth?
How has the Green Revolution helped in economic growth?
Explain why women are the drivers of economic development in third-world countries.
Why is economic growth significant for businesses?
What is the relationship between social and economic development?
Why is the role of entrepreneurs in economic development so significant?
How do governments assist in economic development?
Why is higher economic growth connected to higher life expectancy?
Discuss the role of small businesses in the economic development of third-world countries.
What is the role of financial institutions in economic development?
Describe the importance of renewable energy for development growth.
Analyze economic problems in Mozambique and suggest how to find a solution.
What are the most urgent economic issues of the United States?
What is the difference between economic growth and financial growth?
We hope that our ideas and tips were helpful. You can find more economic topics by clicking on the link. Further below, you will find economic development essay examples written by other students. And good luck with your paper!
This report would go for analysis the problems of economic development of a developing country and Bangladesh has been taken as an instance or model of a developing country.
The sixth aim is to provide all people with clean and safe water by eliminating dumping, reducing pollution, and minimizing the release of dangerous materials and chemicals.
To this end, the author is going to discuss the relationship between economic development and economic growth Economic Development Overview Economic development is characterised by the initiatives put in place to spearhead improvement of the [...]
The end of the 20th century was crucial for many economies in the world because of the increase in global processes and especially the globalization of economies.
It is clear that it is not the presence of oil that is the criteria for development. According to a report by the newspaper 'Independent' many African nations with a healthy GDP is not using [...]
As a result, sustainability can be discussed in terms of the modern economy, the globalizing trading relationships, the rapidly developing field of technology that tends to produce adverse effects on the environments, the global society's [...]
The development of education in the country is based on the mean of years among adults aged 25 years and the expected schooling duration of children at the time of schooling age.
The fall in the mortgage market in the US quickly spread like a wild fire to the whole financial sector in the Country and to all other sectors of the economies.
The second part of the paper interrogates the author's views of aid in Africa within the context of existing economic models of development and Africa's current social and economic dynamics.
The paper under analysis covers the topic of the relationship between foreign aid and economic growth in developing countries. There is a raging debate on the real effect of foreign aid on developing countries, and [...]
The purpose of this paper is to explore the six factors that influenced the American economy in the 18th and 19th centuries and analyze their contribution to the economic changes.
The researchers found that there was a clear relationship between the prevalence of disease, especially malaria, as well as the productivity of agriculture in tropical zones, and the low economic growth rate.
Countries such as UAE, Libya, Iran, Saudi Arabia and Algeria has the most developed oil reserves in the region while Morocco and Sudan have build up few of their reserves mainly due to two decades [...]
Although the subject matter is typically viewed as the means of explaining the development of the contemporary society from the perspective of the cause-and-effect concept; however, the specified approach is a common misconception and a [...]
In this work, the organizational structure and mission of the Bank are explained, a brief history of the Bank is given, various aspects of the activity of the World Bank are studied, their effectiveness assessed, [...]
Although the relevance of the EKC and the focus on the stages of development as the important factors to speak about the relationship between the economic growth and environment are highly debatable issues, it is [...]
By purchasing goods from local farmers instead of imported ones, people can support the community economy, reduce the negative impact on the environment and have more guarantees that the products they consume are safe.
Industrialists viewed leadership to be the best tool to use to spy on the workers."The skills of the artisan machinist, because they are located within the density of the individual's bodily experience and not translated [...]
Providing the arguments for his point of view, Fouad Ajami focuses on the general overview of the details of the situation in all the Arab countries in which the violent rebellions became the main approach [...]
Most of the service providers indicated that the growth levels in their pipelines for service deals cited a 15% drop in growth over the past quarter of 2011, with only 45% of the providers projecting [...]
A deep analysis of the benefits of STOP exposes the institution to appropriate positions of developing initiatives toward the implementation of sustainable economic and social responsibilities.
It is seen that there are disparities between the agricultural policies of rich countries and their consequent impact on poorer ones lies in the fact that the current distribution of over 90 Billion Euros in [...]
Development is a term that can be used to explain the way the resources are put to efficient use as the greater the positive usage of resources; the more the state of development.
The population of the country is the second largest in the world, some people look at this as a negative but the people in the country often make the most of it by providing man [...]
This is to say that the entire population in a given country has reached a certain standard of living where they are all comfortable in terms of management of their natural resources and in the [...]
The appreciation of the yen though in the 1980s hit the export market hard affecting the economic growth rate. This extended to affect the wages and salaries of the workers in all the industries.
The theoretical premises of neoliberal policies were elaborated in 70-s by the group of scholars closely associated with the interests of international monopoly capital which sought to debunk the so-called welfare state in the West [...]
In the broad sense, it is an intensive productive factor of economic development, including the educated part of the labor resources, knowledge, tools of intellectual and managerial work, and the environment of living and working.
Differences between economic growth and economic development When compared to economic development as we are to witness shortly, economic growth is a simpler and narrower subject.
The shortage of petroleum products increases their prices because the supply curve shifts to the left, thus changing the equilibrium point. Electric cars will dramatically reduce fuel costs due to the high efficiency of the [...]
Communism is a sociopolitical faction whereby the means of production, such as land, labor, and machinery, are possessed and managed by "the state", and individuals control only a small portion of the means of production.
These divisions fault line is across the social, economic, and politics of the country. This is the major cause of poverty and under development in these countries.
For the past decades the industrialized world has seen a number of economic and technological advancements which changed people's lives, irrespective of the country they lived in.
When analysing the sphere of business, including small private enterprises and the sector of large entrepreneurship, it is worth noting that this industry is an essential background for the financial development of countries since a [...]
There is a need for different sectors, departments, and ministries to collaborate in an attempt to support the country's objectives and meet the needs of every citizen.
In addition, for the Amazon region to come full circle from the agrarian economy to the "adolescent economy," governments in the region have to participate in the improvement of trade on the international front.
The most common land reform approach is state-controlled land reforms where the state seeks to promote land redistribution to contribute to the socio-economic development of a country.
The seventeenth and eighteenth centuries in Europe were marked by a rapid expansion of agricultural productivity that necessitated a growth in the production of manufactured goods.
Thus, the chapter tackles the topic of the value of money, which is confusing and often misinterpreted by the public. While the topic of international trade seems to be interesting only to the specialists in [...]
The local currency, the Kuwaiti Dinar, enjoys the highest value on the global currency market, and the country itself is the fourth richest country per capita according to the World Bank, and the fifth according [...]
The world economy has been globalized in different ways, and the ever-changing trends in trade financing and emerging market instruments have altered the scope and nature of agribusiness in many countries.
In summary, the article suggests that stagnation may have arisen due to lack of intensive growth that is fuelled by the discovery of ever better ways to utilize workers and resources to allow continuous improvement [...]
Several international economic factors that contributed greatly to the rapid economic growth include foreign investors, foreign loans, international economy trade opportunities, foreign advice, available export market, investment, support to investors by Chinese government, and encouragement [...]
Since its acceptance into the World Trade Organization, the China's economy became market oriented and the country has become the major manufacture of most of the world's products.
Perhaps the key prerequisite of economic development of a country is the hopefulness of a country to access to the technological advancement and innovations that seek to adapt this technological knowledge to the needs of [...]
Despite the potential advantages that Fintech brings and its economic contribution to Nigeria's economy, there is still a need for greater adoption of Fintech in the country.
This essay will explore the differences between the middle class and the poor regarding money, relationships, "home," work, and the future, drawing on examples and insights from both sources. The mismatch in financial resources between [...]
Although it may need new legislation and more spending, the long-term effects on the quality of education and the growth of the local workforce align with the city's SMART objectives.
Before addressing how and why the UBI system is the imperative solution for a fairer and more sustainable future in the United States, it is critical to define it first.
However, it is important to mention the ones that have negatively impacted the economy and have been both an inconvenience and an unexpected result of tech improvement.
It appears that for the author, inspired by the ideas in Plato's Republic, the existence of justice seems to be the priority rather than the comparison of strategies of the two parties.
To a great extent, economic development refers to activities, initiatives, and policies that seek to enhance the quality of life and the monetary well-being of the citizens.
For example, human capital is one of the most important determinants of economic growth, as it affects a country's ability to produce goods and services.
To conclude, Connecticut General Statutes 4b-91 and 4b-92 contain essential provisions that govern the state's bidding and awarding of public building contracts.
With the fast-growing and thriving economy, the demand for skilled professionals in the city is on the rise. Due to advancing technology and increasing economic activities in the region, the demand for professionals in the [...]
At the initiative of the Crown Prince and the King, the Saudi government adopted a project to restructure the country's economy and diversify state budget revenues.
The regions have developed coping strategies to solve the challenges, and the governments in the area have adopted green revolution technologies to increase food security.
One of the main directions in the economy of South Korea is industrialization, forced by the state, although this is less typical for the agricultural region of South Jeolla.
The knowledge included in the old Japanese mythology and history allowed for the determination of the date of the first emperor Jimmu's entrance to the realm, who is said to be the ancestor of the [...]
Namely, with the rise in the role of social media and the emergence of opportunities for steering the development of products and services, as well as defining the reputation of companies, the extent of customer [...]
Qatar is one of the countries committed to the achievement of sustainable development goals by 2030, which is outlined in the country's national strategy document entitled the Qatar National Vision 2030.
The growth and rise of several revolutionary technologies such as Artificial Intelligence, the Internet of Things, Virtual and Augmented Reality, Drones, and 3D printing are part of Industry 4.0.
In the course of writing the material, not only data from previous works were used, but also static data that allowed us to track the dynamics of the development of Philippine in the last 15-20 [...]
In 1997, the development of one of the world's largest natural gas fields, "Severnoye," located in the sea, began. Even though it is insignificant, Qatar is trying to reoccupy the leading positions in the gas [...]
The crop is a key export item for a number of agricultural nations, and it is Africa's, Asia's, and Latin America's biggest fruit crop in terms of production and commerce.
When looking at the evolution of Downtown Brooklyn, the real estate and New York City have significantly contributed to its economic growth and development over time.
The unemployment rate is one of the lowest since the Greek financial crisis in the early 2010s. The Euro is one of the most popular currencies globally and the second most crucial reserve currency after [...]
Over time, HKICPA has transformed the field of auditing in the country and it is in this respect that this research paper aims at making analysis and evaluation at the adequacy of the current system [...]
The industrialization and development of manufactures in the twentieth century caused the growth of the world economy and led to significant negative consequences for the environment.
The rise of the New South Economy resulted in several consequences, positive and negative for the population and mostly negative for poor white and black workers.
It was chosen as the target of this research primarily for two reasons, the first being the availability of varied data on the country's condition, and the second being its importance in the global sphere.
In the article, supply is studied in the context of food as a resource, the nineteen eighties and nineties as the fixed periods and food sellers as the suppliers.
Acquisition of money can cause happiness at the beginning of one's journey, and however, as one gets used to a wealthy lifestyle, one no longer finds as much pleasure in the purchase of a car [...]
The Federal Republic of Nigeria is a country located in the western part of the African Continent. The paper is going to tackle the economic evolution and the current economic status of Nigeria.
To establish the participation modes and levels of empowerment zones residents To evaluate how the communities have benefited from EZs in Chicago and the neighborhoods To assess how various target groups are involved.
Regional and national disparities in political, economic and social development have also contributed to the creation of a conducive environment for innovation.
The purpose of this project is to analyze the role of the services provided by the Department of Economic Development of Dubai in the community's development with the focus on interviewing the persons who participate [...]
The report will cover risks associated with the unfolding negative processes, how they will affect the economy in the current year and the medium and long term, and why low volatility benefits all people worldwide [...]
The British paid considerable attention to the development of agriculture and industry in order to quickly increase the income of Egypt, while the social sector was left unattended " 5).
The primary negative effect was a low level of domestic consumption, driven largely due to low real wages and slow growth of nominal wages, particularly in the manufacturing sector, to make production cheaper in the [...]
It is important to appreciate the fact that the state was fully aware of a high possibility of a recession since it is evident that a team of various professionals comprising of geopolitical analysts, economists, [...]
In the recent past, the government has realised the need to develop and account for its IC. It shows the development of the concept of IC for competitive advantage in organisations.
Sri Lanka has dominated international headlines due to the civil war between the Tamil Tigers and the government in the north and eastern parts of the country.
In the new world of the "Internet of Things", machines will be autonomous to the extent of making their own spares, thus eliminating the need for human involvement.
According to Saudi Arabia Competitiveness Index, King Khalid Foundation has a vision of strengthening and encouraging community and organization development work in Saud Arabia; this is to improve the lives of the citizens King Khalid [...]
China has sustained many electricity projects using different project strategies. China has sustained many electricity projects using different project strategies.
This paper examines the problems that prevent the development of the third world countries and the reasons why the western countries continue to progress on the other hand.
In addition to the effects caused by the physical structure, the personnel and management infrastructure associated with a rail system can reinforce the unintended effect of the rail system in that the human structure of [...]
The reverse reality of salient features of wealthy people in different parts of the world is the observation that the vast majority of the populace live in poor and deplorable conditions.
Thus, we can see that the entire procedure of manually paying the traffic violation tickets becomes a hectic ordeal for the lawmakers, vehicle owners and also the law enforcement officers who have to take care [...]
National policy makers and the development economists have been interested in the study of the interface between growth and equality in the past, but recently there have been a revival of this subject.
Although many financial analysts trace the current financial meltdown to the housing bubble that was witnessed earlier in the decade, it remains less clear as to how things got out of hand to reach such [...]
Therefore, this paper focuses on the examination of the dynamics of the joint evolution of policy and innovation. The literature on policy and policy mixes shows that the approach to investigating these issues was largely [...]
During the pandemic, sources of information and data on the spread of the new coronavirus COVID-19 have become a precious resource that is used in their activities not only by citizens but also by the [...]
The economy will shift to another perspective after the pandemic is over, leading to an outcome where the main possibilities and difficulties will be discussed further and their impacts on the economic and social situation [...]
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