W11 Reading: Social development is Economic development/ Joon Hee Lee


We would often think that the goal of economic development is literally 'economic growth of the state or region'. But the author of this article argues that our judgment is wrong. His argument is that 'economic development is social development.'


He says the main goal of economic development is actually to improve the welfare, structure, and system of society. Through improving the quality of life through economic development, many people say they have escaped the curse of poverty, but it is regrettable that this is not well illuminated. 

The writer especially appreciated the effectiveness of education. Through education, humans can learn a more efficient and safe attitude to life, and we hope that this will ultimately help develop society. In addition, the author should raise the level of education for women. Claims. In fact, the higher the level of education for women, the higher the way society can contribute, and the higher the need for education.

We often seem to have tended to assess the development of society and the development of the economy differently. However, it occurred to me that as the author said, the development of society and the economy may really be the same. In countries where the power of human capital is important like Korea, education is more necessary, and in this article, I felt good that Korea is regarded as a representative example of social development through high participation in education.

It was clear that social development and economic development were closely related. But is there any reason for the two terms to share a single concept? Obviously the two concepts are connected, but wouldn't there be a phenomenon that cannot be explained by this causal relationship? I should think about such a case.

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