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  The main objective of economic development is focused on generating the greatest well-being in the population using the dynamization of the local economy and macroeconomic variables as a means. However, their incorrect use can lead to the uneven development of the zones, which is a disadvantage because it creates a noticeable disproportion. Causes of Economic Development These are the main causes of economic development: Economic causes •           Access to natural and energy resources. •           Technological resources. •           Available workforce. •           Purchasing power. •           Communication and transport networks. •           Education level. •           Capital accumulation. Political Causes •           Type of government. •           Political stability. •           Administration of public investment. •           Market type. •           Corruption. What are The Indicators of Economic Development? The economic development

The growth of the economy is measured through the Gross Domestic Product (GDP), that is, with the annual increase in GDP in a nation. What is GDP? GDP represents the value of all final goods and services that are produced by a nation in a given time, which usually corresponds to the year. GDP is a variable that changes and fluctuates according to this: •          When GDP grows faster than population growth, it is said that the standard of living increases, • On the opposite case, if the growth rate of said population is higher than GDP, it would be affirming that the population's standard of living would be decreasing. Growth Can Be Measured In either Nominal or Real Terms: That is why if nominal GDP has increased at a growth rate of 5% while inflation reached the number of 4% at the same time, it would have to be according to real terms, the growth rate is barely 1%, and this 1% increase is the real increase in GDP. In the following article, you can find more information about th

  Has also promoted needs in the population that increasingly seek, with greater demand, be attended to. In this way, we have arrived at what is known today as the digital economy. A concept that is in full swing and that is based on efficiently providing us with new goods and services at the click of a button. Definition of Digital economy Before going deeply into the subject, it is necessary to understand in the first instance what is the economy tuition ? To then move forward based on this previous concept, what does it mean? What does it intend? How is it managed or by whom? And of course, in what way does it influence our day-to-day? For those more inexperienced on the subject, according to "How does the economy work for Dummies? “Of Leopoldo Abdala, we understand in a simple way that: Humans have the need to manage (through exchange or production) our scarce resources, in order to get what we need. Similarly, we can involve the performance of digital technology i

  Education can be viewed as consumption, as investment, and as complementary consumption and investment. Education as consumption is education as a basic human right. Or is one of the democratic rights owned by every citizen. So that up to a certain level, the government must do the procurement. Therefore, in many countries basic education (SD and SLTP) is used as compulsory education. As a consequence education at this level education is not only a right but also an obligation for every citizen at a certain age level (in Indonesia between 6 and 15 years). In terms of the nature of the need, the provision of education at this level is a public good. Then seen from the motivation, education as consumption is motivated by the desire to satisfy the need for personality development, social needs, the need for knowledge, and understanding. Furthermore, regarding the time orientation is now. The demand for education is influenced by the size of disposable income. Education as an Investm