Development Models: Uncontrolled, Zero Growth, and Sustainable Approaches
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Models of Development
The concept of development can be defined based on various factors used to assess its degree:
Defining Development: Human, Social, and Economic Aspects
Human Development
The ability to obtain one's own welfare and that of the closest circle of people.
Social Development
Improving the quality of life and welfare of people in general.
Economic Development
The derivation of economic wealth in a region or country to improve the material welfare of its inhabitants.
Uncontrolled Development Model
The main premises of the uncontrolled development model are:
- Prioritizing economic growth.
- Promoting the production, distribution, and consumption of material goods.
- Not regulating the economy, considering that it is self-regulated by market laws.