Economic growth in the development economy

Development must be conceived of as a multidimensional process involving major changes in social structures, popular attitudes and national institutions, as well as the acceleration of economic growth, the reduction of inequality and the eradication of poverty. Development in its essence must represent the whole gamut of change by which the entire social system tuned to the diverse basic needs and desires of the individuals and social groups within the system moves away from a condition of life widely perceived as unsatisfactory toward a situation or condition of life regarded as materially and spiritually better.