Economic Development and Human Values - Need to Go Hand in Hand
Journal Title: International Journal of Economics, Commerce and Research (IJECR) - Year 2017, Vol 7, Issue 4
Abstract
Economic development has its changed definition today. In recent years, Economic development means improvement in Health facilities, Educational facilities, Improvement in Overall Quality of Life/Standard Of Living along with increase in Per capita income. Economic development should also be defined in terms of reduction in Malnutrition, Diseases, Illiteracy, Unemployment, Inequality and especially and most importantly decrease in HUMAN VALUES. Now, our aim is to Correlate Economic Development with Human values. Human values are a set of consistent behaviour and measures that guide human being is in doing what is right and acceptable by the society. The Objectives of the Study includes that there exists a Negative Correlation between increased Educational reforms, Industrialization, Drug, Health, Pharmaceutical industries respectively and National and Per capita income with the Human Values. To study the Objectives, Secondary tools were used, which includes Books, Journals, Newspapers, Internet, Google Scholar. This study was carried out with the help of various Case- Studies be it on the increase of Mall- Culture, the case study of ban on Ranbaxy, on the implication of constructing malls, increasing prices, declining per-capita income and increasing disparity rates. Also, the implications of Industrialization, Privatization, Globalization comes out to be more Negative, which proves our Objectives and Hypothesis as correct. However, there is a ray of hope and Positive Effects also exists, but there is a need to carry out human values along with our Economic Progress. (BE IT GROWTH OR DEVELOPMENT)
Authors and Affiliations
Nitika .
Keywords
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