Page 3 - Brown and White Doodle Marketing Proposal Report Cover A4 Document

DEFINITION OF ECONOMIC DEVELOPMENT

ACCORDING TO EXPERTS:

SADONO SUKIRNO, (1996) ECONOMIC

DEVELOPMENT IS A PROCESS THAT CAUSES THE

REAL PER CAPITA INCOME OF THE POPULATION

OF A SOCIETY TO INCREASE IN THE LONG TERM.·

ARSYAD COLLIN (1999)

ECONOMIC DEVELOPMENT IS A PROCESS THAT

CAUSES AN INCREASE IN THE REAL INCOME PER

CAPITA OF A COUNTRY'S POPULATION IN THE LONG

TERM, ACCOMPANIED BY IMPROVEMENTS IN THE

INSTITUTIONAL SYSTEM FACTORS AFFECTING

ECONOMIC DEVELOPMENT.

2. FACTORS AFFECTING ECONOMIC

DEVELOPMENT

INTERNAL FACTORS

-HUMAN RESOURCES

HUMAN RESOURCES ARE THE MAIN FACTOR

INFLUENCING ECONOMIC DEVELOPMENT. THE

QUALITY OF HUMAN RESOURCES IS DETERMINED BY

THE EDUCATION, HEALTH AND SKILLS POSSESSED BY

INDIVIDUALS IN A COUNTRY. INVESTMENT IN

EDUCATION AND TRAINING WILL INCREASE

WORKFORCE PRODUCTIVITY AND

COMPETITIVENESS, AS WELL AS CREATE

INNOVATION AND TECHNOLOGICAL PROGRESS.