Economic development  process

This  refers  to the  accumulative   improvement   in  the  living  standards   of people  characterized    by  the increase  in  the  real  income  per  capita  of  the  country   over  a long  period  of  time.

There   should be improvement   in the entire social-economic system and the country should attain most of the ideals of modernization.  The  economy   must   be  transformed    from  a  backward    to  a  modem    advanced economy  with  industries  producing  durable  and consumer  goods.