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Sagot :
For a country to become more socially and economically developed it is necessary to implement strategic and political actions in support of these goals.
A country's economic development can be measured through GDP, which is an index that measures the amount of goods and services produced in a country over a period of time. Therefore, it is necessary actions that help to increase the GDP, which can be:
- Increase in investment
- Entrepreneur incentive
- Reduction of bureaucratization
- Reduction of interest rates for companies
- Investment in the education of the population
The objective of social and economic development is to increase the quality of life of a population through increased education, access to essential services and increased purchasing power.
The more investment and facilities for starting a business, the greater the creation of jobs, greater production of services and goods and greater economic balance.
Therefore, in a country like the Philippines, whose central economy is based on agriculture, food industrialization, mining and tourism, it is necessary to have public and economic policies that help these sectors with financial incentives and facilities for their growth.
Learn more about economic development here:
https://brainly.com/question/13068978
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