Economics S.S.S 3 Second Term

WEEK 7

Economic Development Challenges

Performance Objectives

Student should be able to:

1. Explain development challenges such as; Debt burden and debt relief, poverty alleviation and eradication, HIV/AIDS and the economic power and energy supply, resources control and corruption.

Content         

Meaning of Economic Development Challenges

Economic development challenges refer to some problems of challenges which the economy is experiencing that tend to draw back the growth and development of the country. Examples of such economic development challenges are poverty, debt burden and debt relief, HIV/AID eradication, power and energy supply, resource control and corruption.

Poverty

Poverty is an abstract word which can be associated with many things. It means a lack of material possessions belonging to a person. It is typically measured in monetary terms. It also equates to a.... View More