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Three Core Values of Development Economics

Updated on July 14, 2009

Three Core Values of Development Economics

Three core values serve as standards of development.

Sustenance. This refers to the capacity to meet basic necessities such as food, clothing, and shelter. Lack of even one of these means that a person's life is not progressive. A country develops if its citizens have enough or more than enough for their basic necessities, there is growth of income, extreme poverty is addressed, and there is equality among members of society.

Self-esteem. The quality of life is good when there is respect, trust, and self-value. Each person has needs which can be achieved through the presence of respect, dignity, and a good reputation in society. A person's worth as an individual cannot simply be measured by the ownership of material things which is often given emphasis by progressive capitalist countries such as the United States. In the Philippines, material wealth is not the only important thing but the love for one's family, the family's reputation, and a person's dignity and self-esteem. A country is developed if this unique need of the people is addressed.

Freedom from Servitude. This freedom is drawn from liberation from oppressive systems in society, poverty and abuse, slavery, ignorance, and the absence of the freedom to choose one's culture or religion. This freedom can be seen in the range of choices in a society. What is good about development is not only the joy of being free from poverty but also the availability of a wide range of choices. In general, freedom prevails if people live a comfortable life, if they have the freedom to choose their religion, to vote and to express their opinion about administration and governance, and if they enjoy equal opportunities for education and employment.


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    • profile image

      Emmanuel K. Harris 

      7 months ago

      Thanks for your wonderful piece of lesson that has helped me so immensely to be able to understand some basic issues in my field of study.

      Thank you.

    • profile image

      Azar Aftimos 

      9 months ago

      Thank you very much.

    • profile image

      Farhiya ismaily 

      11 months ago

      Thanks you for your explanation

    • profile image

      yaw eric 

      20 months ago

      interesting notes

    • profile image

      julius 

      2 years ago

      fantastic

    • profile image

      Yegon 

      2 years ago

      impressive notes, enlighten me with other notes through benyegon15@gmail.com

    • profile image

      bantihun.getahun 

      3 years ago

      I found it useful.

    • profile image

      Mat 

      3 years ago

      Nice piece of writing.

    • profile image

      phil 

      3 years ago

      very educative

    • profile image

      Kris Dominic Garswah 

      3 years ago

      it is very helpful kudos man....

    • profile image

      Idris shiyaki 

      3 years ago

      Add Your Commen...very nice work it help me alot to understood what my lectural thought me. Thanks!

    • profile image

      Onos Chris. 

      3 years ago

      Very helpful

    • profile image

      eric 

      3 years ago

      very useful and helprfull to research students like me. i apreciate your work

    • profile image

      mrimi 

      3 years ago

      helpful

    • profile image

      samuel 

      3 years ago

      thank you for your collaboration to gave this information!!

    • profile image

      sarah 

      3 years ago

      very nice

    • profile image

      arnold 

      3 years ago

      Can anyone help me I need to know what are the core value of Todaro arnoldmagqaza@gmail.com

    • profile image

      mohamed 

      3 years ago

      it is cruel note for development studies student like me

      please would you sent me my email

      caawiye254@gmail.com

    • profile image

      joseph musangi 

      3 years ago

      i like the work you are doing.kudos.

    • profile image

      ann 

      3 years ago

      very helpful and useful. it had everything i needed

    • profile image

      irene 

      4 years ago

      very good notes,aided my assignment

    • profile image

      jmakotieno 

      4 years ago

      ilove it thanx very much

    • profile image

      free 

      4 years ago

      for basic idea it is good.

    • profile image

      me 

      4 years ago

      thanks

    • profile image

      CECILIA 

      4 years ago

      Helpful notes

    • profile image

      Anthony from kampala. 

      4 years ago

      I appreciate your good work..it has made it easy for esp students.

    • profile image

      Quitewell Peter 

      4 years ago

      very applicable to everyone ether economics or other field but add more on self esteem and sustainanance

    • profile image

      mathew 

      5 years ago

      all the ideas are good, however it applies in an ideal situation which can be difficult to apply in the real world

    • profile image

      karumaamos@yahoo.com 

      5 years ago

      very helpful

    • profile image

      karumaamos@yahoo.com 

      5 years ago

      very helpful

    • profile image

      my anne 

      6 years ago

      how could we attain these for having a goodlife if we don't have any oppurtunity?

    • profile image

      jaziirah 

      6 years ago

      the book of todoro book addition 10th

    • profile image

      jaziirah 

      6 years ago

      to what extent is it true to say that development is not constant

    • profile image

      abdulhamid modiboo@yahoo.com 

      6 years ago

      A very impressive thought, really like it and it is very help full to student especially those that are studying geography. Kip it up sir.

    • profile image

      Sohail 

      6 years ago

      this is taken from the book of todoro book addition 10th ,,, defiantly its good for Students of economic.

    • profile image

      kashif 

      6 years ago

      very nice

    • profile image

      Esther 

      6 years ago

      Very wonderful it really assist us as students,,,,,,esther.kiplimo@yahoo.com

    • profile image

      Morrycate 

      7 years ago

      All i can is kudos and only hungry minds can grow.

    • profile image

      ttashi23@gmail.com 

      7 years ago

      the core values of development are realistic and helpful for the policy implementation..........

    • profile image

      josephat 

      7 years ago

      this are the best notes ever

    • profile image

      gulalay 

      7 years ago

      very good notes

    • profile image

      worlanyo 

      7 years ago

      this must be applied in Africa

    • profile image

      Babty 

      7 years ago

      UPDATE ME IN ferdiokhalo@gmail.com

    • profile image

      Sylvia 

      7 years ago

      Gud ans pls nid more facts..

    • profile image

      knowledge 

      7 years ago

      very helpful and reliable information

    • profile image

      f.m. 

      8 years ago

      really a good one

    • profile image

      Apukoson 

      8 years ago

      Vry helpful. I wish I could contact u. My email (apukoson@yahoo.com)

    • profile image

      Vicent 

      8 years ago

      very good

    • profile image

      7542 

      8 years ago

      523.

    • profile image

      uday gupta 

      8 years ago

      very helpful note

      update me on my email

      udaygupta01@gmail.com

    • profile image

      israr khan 

      9 years ago

      these are good notes that are help full 4 studies.plz send me ur contact so that i can have some more usefull notes.

      israrkhankakar@gmail.com

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