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!
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.
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 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 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.
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 [...]
Due to the overall lack of foreign direct investments coming into the country, slow industrial expansion is an inevitable result; as such one goal of the present administration is to encourage global awareness of Guyana [...]
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.
Thus, the given essay will focus on various effects that this event had on Brazil and the challenges that the nation faced while hosting the given international tournament.
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 [...]
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.
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.
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 [...]
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.
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 [...]
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 [...]
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 [...]
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.
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 [...]
For example, the IRD program in the Southern region of Africa encompasses the aspect of agricultural transformation relating to the restocking of animals and non-farm activities that involve brick building projects aimed at promoting social [...]
The concepts of sustainable development and economic growth are interconnected with the aim of protecting the available wealth of the earth and at the same time creating more opportunities towards satisfaction of human needs.
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 [...]
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.
The Rise of China and the Future of the West The article above talks about China's economic and political rise as well as its effects on western powers.
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 purpose was also to strengthen the dollar and increase the fiscal stimulus. The public disbelieved it created more jobs and due to great debts, the help of the government turned out to be not [...]
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.
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 demand for Brazil's exports will decline due to a weaker global economy, the possibility of a worldwide recession, and the consequent decline in commodity prices.
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.
Comparative advantage is the ability of the country to excel in one economic activity compared to other producers. Additionally, it is vital to give an overview of the trade policies in Chile.
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 [...]
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.
For the first category, it is possible to adapt the speech by using economic terminology and explaining economic processes under the influence of culture. C, & Petrakis, P.E.explains why the coevolution of culture and institutions [...]
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 [...]
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 [...]
Privatizing social security will require more funds; therefore, the government should stick to the public ownership of social security. Putting the trust of retirees in their own hands will increase the investments linked to private [...]
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.
They are responsible for the creation of a majority of employment opportunities in these countries and play a significant role in bridging the gap between the activities of large enterprises and small ones.
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 [...]
The inflation rate in the country is an indicator of the degree of depreciation of money. In the United States of America, this indicator is significantly higher and is 0.1%.
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.
This work considers the diaspora as one of the most important subjects of the economic processes of our time. She is a major representative of the sociological direction in the study of the phenomenon of [...]
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 government plan to make the District the center for innovation to develop talent in the young people. According to the mayor who pushed for the $21 million allocations, the project is a game-changer, especially [...]
In the first part of the article, the author enumerates the main factors on which economic growth depends: the number of employees and their available resources and their level of efficiency.
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 [...]
The maritime trade has continued to play a major role in the economic development of countries around the world. The report shows that maritime trade will continue to play a critical role in the region's [...]
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.
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.
Further comparative analysis of the selected criteria will be based on data from the 2010 census conducted in the state of Pennsylvania, in particular, in the counties of Beaver and Philadelphia.
I have chosen Belgium, as a potential country to discover opportunities and threats, as it is a country with the unique economic background and sufficient infrastructure.
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.
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 [...]
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 [...]
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.
Given the fact that the population of the city is diverse, young, and educated, the citizens would be interested in learning more about the history of the city.
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 [...]
These were the achievements that the researcher aimed to achieve in this study. During the first week of the study, the researcher checked the room rates for 1st four consecutive Thursdays.
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.
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.
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 [...]
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.
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.
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.
The best option for the Acme Company is the Bank of America Merrill Lynch that allows the widest range of products and services, especially for its international customers or clients interested in carrying out business [...]
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 [...]
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