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Significance of Economic development

Economic development, as described across various philosophies and historical contexts, encompasses advancements in societal economic structures and practices that promote growth and prosperity. It includes both material success and the enhancement of living standards, linking economic improvement to spiritual devotion in Vaishnavism and highlighting trade and commerce growth in Dharmashastra. The overarching aim is the improvement of quality of life through planned initiatives that enhance community well-being, often reflecting the balance between material wealth pursuits and spiritual fulfillment across different teachings and traditions.

Synonyms: Economic growth, Economic progress, Economic advancement, Financial development, Economic improvement

In Dutch: Economische ontwikkeling; In Finnish: Taloudellinen kehitys; In Spanish: Desarrollo econ贸mico; In German: Wirtschaftliche Entwicklung; In Malay: Pembangunan ekonomi; In Swedish: Ekonomisk utveckling

The below excerpts are indicatory and do represent direct quotations or translations. It is your responsibility to fact check each reference.

Hindu concept of 'Economic development'

Hinduism Books

Economic development in Hinduism involves pursuing wealth and prosperity alongside spiritual goals, emphasizing that while material success is important, true fulfillment comes through devotion to Krishna, highlighting a balance between economic growth and spiritual advancement.

Significance in Vaishnavism (Vaishava dharma):
Vaishnavism Books

From: Chaitanya Bhagavata

(1) The pursuit of material prosperity that is automatically achieved through sincere devotion to Krishna.[1] (2) The pursuit of wealth and prosperity as part of one鈥檚 goals in life, listed alongside religiosity and sense gratification.[2] (3) The pursuit of wealth and material prosperity, which is ultimately seen as less significant by the devotees focused on spiritual service.[3] (4) The emphasis on improving material wealth and resources which is contrasted against spiritual growth and devotion.[4] (5) The process of improving the economy of a community or nation, often mentioned in discussions of societal priorities.[5]

From: Brihad Bhagavatamrita (commentary)

(1) Highlights the advancement and prosperity related to material success among the Vraja residents.[6] (2) The aspect of prosperity tied to the blessings of Mahalakshmi that leads to material and spiritual improvement.[7]

From: Bhakti-rasamrta-sindhu

(1) One of the four principles of religiosity which pertains to the pursuit of material wealth and prosperity.[8] (2) Pursuit of material wealth and prosperity that devotees realize is automatically obtained through spiritual devotion.[9]

Vaishnava or vaishnavism (vaishnavism) represents a tradition of Hinduism worshipping Vishnu as the supreme Lord. Similar to the Shaktism and Shaivism traditions, Vaishnavism also developed as an individual movement, famous for its exposition of the dashavatara (鈥榯en avatars of Vishnu鈥�).

Significance in Kama-shastra (the science of Love-making):
Kamashastra Books

From: Kamashastra Discourse (Life in Ancient India)

(1) The growth and advancement of a society's economy that serves as a base for its cultural structures and practices.[10]

Kamashastra deals with ancient Indian science of love-making, passion, emotions and other related topics dealing with the pleasures of the senses.

The concept of Economic development in local and regional sources

History Books

Economic development encompasses various strategies aimed at enhancing a nation's economic well-being, living standards, and quality of life. It includes efforts in industrialization, community planning, and addressing disparities through targeted policies and investments.

Significance in India history and geography:

From: Triveni Journal

(1) Progress in economic conditions that improves the quality of life for a community, influenced by education and skills training.[11] (2) The progress of an economy aimed at improving the economic well-being and quality of life for its citizens, addressed in the text through Gandhian Economics.[12] (3) A theme explored in the essays on Indian nationalism, reflecting on the economic progress and challenges faced by the nation.[13] (4) The focus on improving the economy by establishing various industries, initiatives, and educational institutions under Visvesvaraya's leadership.[14] (5) Focus on improving economic conditions within a nation, often debated in the context of prioritizing economic versus military needs.[15]

The concept of Economic development in scientific sources

Science Books

Economic development is the process of enhancing community well-being by generating jobs and increasing incomes, ultimately leading to improved quality of life and sustained economic growth within a region.

Significance in Scientific journals, articles, etc.:

From: The Malaysian Journal of Medical Sciences

(1) This is a process that influences lifestyle changes, and subsequently, the incidence of colorectal cancer.[16] (2) Jobs play an essential role in social and economic development of any society.[17] (3) The tourism industry, including medical tourism, is identified as a key sector to enhance this, especially in Malaysia, contributing to the growth of the national economy.[18] (4) The overall growth and improvement of Malaysia鈥檚 economy through various strategies, including partnerships and innovation.[19]

This section includes scientific research in the field of healthcare, often involving traditional medicine systems such as Ayurveda, Unani, Siddha and Holistic health. It includes papers from scientific journals classified as either original, clinical or experimental research, review articles or case reports.