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''Economic development'' is a term that economists, politicians, and others have used frequently in the 20th century. The concept, however, has been in existence in the West for centuries. ''Modernization'','' Westernization'', and especially ''industrialization'' are other terms people have used while discussing economic development. Economic development has a direct relationship with the environment. Whereas economic development is a policy intervention endeavor with aims of economic and social well-being of people, economic growth is a phenomenon of market productivity and rise in GDP. Consequently, as economist Amartya Sen points out, "economic growth is one aspect of the process of economic development". ==Type== The scope of economic development includes the process and policies by which a nation improves the economic, political, and social well-being of its people.〔A. and Sheffrin, S. M. (2003). Economics: Principles in action. Pearson Prentice Hall, Upper Saddle River, New Jersey. 471pgs.〕 The University of Iowa's Center for International Finance and Development states that: :'Economic development' is a term that economists, politicians, and others have used frequently in the 20th century. The concept, however, has been in existence in the West for centuries. Modernization, Westernisation, and especially Industrialisation are other terms people have used while discussing economic development. Economic development has a direct relationship with the environment. Although nobody is certain when the concept originated, some people agree that development is closely bound up with the evolution of capitalism and the demise of feudalism.〔R. Conteras, "How the Concept of Development Got Started" University of Iowa Center for International Finance and Development E-Book ()〕 Mansell and When also state that economic development has been understood since the World War II to involve economic growth, namely the increases in per capita income, and (if currently absent) the attainment of a standard of living equivalent to that of industrialized countries.〔http://cbdd.wsu.edu/kewlcontent/cdoutput/TR501/page59.htm〕〔Mansell, R & and Wehn, U. 1998. Knowledge Societies: Information Technology for Sustainable Development. New York: Oxford University Press.〕 Economic development can also be considered as a static theory that documents the state of an economy at a certain time. According to Schumpeter (2003), the changes in this equilibrium state to document in economic theory can only be caused by intervening factors coming from the outside.〔Schumpeter, Joseph & Backhaus, Ursula, 2003. The Theory of Economic Development. In Joseph Alois Schumpeter. pp. 61–116. Available at: http://dx.doi.org/10.1007/0-306-48082-4_3 (October 19, 2009 ).〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Economic development」の詳細全文を読む スポンサード リンク
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