Development economics

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/development-economics

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What is the academic discipline?Branch of economics focused on development processes
2. What is the geographic scope?Primarily low- and middle-income countries
3. Why do people study development economics?To find ways to reduce poverty, make life fairer, and help everyone in a country get healthier, smarter, and happier.
4. How do development economists help a country grow?They use math and stories from real people to design projects, like building schools or clean water, and check if those projects work well over time.

Structural Change: Fundamental transformation of an economy's composition and organization over time.
Human Capital: The stock of knowledge, skills, health, and other attributes embodied in individuals that contribute to economic productivity.
Institutions: The formal and informal rules, norms, and organizations that shape economic and social interactions.
Economic Convergence: The hypothesis that poorer economies tend to grow faster than richer ones, eventually narrowing the income gap.