Economic Development
Economic Development
Economic Development
This is 100 points graded activity. In your own words and not less than 400 words
write your key takeaways and insights about Development Economics. Explain the
importance of your acquired learnings.
ANSWERS:
From the lecture taken, I have learned a thing or two about development
economics. Indeed, I was aware of the basic or common knowledge that it has but
through this lecture, I profoundly understand the depth of development economics, it
is not just all about improving the country, honing our wealth, enriching our country
to its growth, and such nonetheless, its breakdowns or see beyond the building blocks
of every nation.
Those are only a few of the many things that I acquired in the lesson I took. It develops
my perspective towards the development of our country, not only as a student and an
aspiring Accountant but rather as an instrument to contribute to our country. This
made me realize and assimilate that development economics is not only present as
part of the government plan but even in every aspect of the Filipino.
Aside from the overall enhancement of our state in means of technology, business, and
honing relationships outside our premises, it protects our local economy from possible
circumstances and is prepared in outsmarting those. Through our development
economics, it helps our government to have an initial plan in aiding and giving
resolution to such economic and social crises or issues, such as plans and programs
for teenage pregnancy, maximizing the healthcare system when a pandemic hits,
providing immediate remedies in our hospitality industry, to cope up with the frequent
changes—form market to online, and subsequently more.