Regional development is the label of the efforts to develop certain areas of a country, with development usually understood in the socioeconomic sense.
- Regional development encourages economically disadvantaged communities to improve their economic, social, cultural and environmental well being by realising the full potential of a region's resources and its inhabitants.
- Social – relating to the development of the people of the place.
- Economic - relating to the finances and wealth of the place.
- Environmental – relating to the quality of peoples air, water, soil etc.
- Political - relating to the political systems and freedoms afforded by the place.
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The HDR classifies countries into Four levels of development based on their HDIs:
- “very high human development,”
- “high human development,”
- “medium human development” and
- “low human development.”
Step-by-step explanation:
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