THE FACTORS AFFECTING ECONOMIC DEVELOPMENT IN EDO STATE:Â A CASE STUDY OF OREDO LOCAL GOVERNMENT AREA
ABSTRACT
The purpose of this work is to find out some factors that hinder economic development in the state. From this study a questionnaire was designed and distributed directly to the respondents to test the followings hypothesis (political instability, inconsistent economic policy, unpatriotic behavior of some Nigerians poor educational standard, high rate of illiteracy and lack of social amenities) as well as of poor remuneration of civil servant affect economic development in the state.
TABLE OF CONTENT
CHAPTER ONE
Introduction
Background of the study
Statement of the problem
Purpose of study
Significance of the study
Research questions
Scope of the study
Limitation of the study
CHAPTER TWO
Meaning of economic development
Factor affecting economic development in Nigeria
Solution to problem facing economic development
CHAPTER THREE
Methodology
Sampling techniques and sample
Research instrument
Validity of research instrument
Method of data collection
Method of data analysis
CHAPTER FOURÂ
Data presentation and analysis
Interpretation of data
CHAPTER FIVE
Summary
Conclusion
Recommendation
References
Questionnaire
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CHAPTER ONE
- BACKGROUND OF THE STUDY
Economic is a science which studies human behavior as a relationship between ends and scare means, which have alternative uses and development which is the increasing capacity of man to understand nature.
It implies the growing capacity of man regulate or control this internal and external environment.
In a nutshell economic development is a process that transforms a stagnate society with the low average real income in one in which income rise more or less continuously as technology is embodied in accumulating capacity.
Economic development takes effect when a qualitative transformation of the mode of production has been brought into sustained existence.
The process of economic development economic encompasses change in the quality and composition of production inputs, the technology by which the inputs are combined and final goods and services (output) produced. The development must mean the development of man and man remain the central of development through his potentials
Economics development could also be viewed when national income per capital as the conventional criteria of economic development.
These criteria may be applied to the level or to rate growth of per capital income. The factor that hinder economic development in Edo State are back up by may reasons of which this ranges from political leadership, government, economic policy, unpatriotic behavior of some Nigeria low technological base tribal inclination, low exportable goods that is a part from oil etc.
