Assignment 2: Lending Institutions, Health Care, and Human Capital

Dorothy Bradley-Shelton
Professor John R. Cronin
SOC 300 - Sociology of Developing Countries
March 8, 2015

From a perilous beginning, Bangladesh has attained notable advancements in economic and social development in about four decades. Since it won its independent in 1971 following a bloody war, many, in the international community were doubtful about the country’s long-term economic sustainability. Some observers predicted a state of continuing aid dependency, while others believed if a country with such enormous and innumerable development problems as Bangladesh could make strides in development, then possibly other developing countries could as …show more content…

Food security exists when all people at all times have both physical and economic access to sufficient food to meet their nutritional needs for a productive and healthy life. A healthy and educated population is necessary if Bangladesh is to achieve and maintain sustainable development. Family planning improves opportunities for education and employment. Education plays a critical role in a person’s wellbeing and welfare. Through investing in health and education, people especially young people have better employment opportunities. The practice of families marrying their daughters off at a young age to help support the family can be eliminated by keeping girls in school, which deters early marriage, and can only lead to a better socio-economic outcome. Raising the education levels and drawing on innovations in science and technology like what is being done in Bangladesh increases competitiveness in the global economy. Conversely, even with all the recent improvements, much more needs to be done to make the services available to the needs and demands of the population.
When the population is healthy and disease free they are more productive and miss fewer days off work. Which means they can contribute more money to the economy by paying taxes and purchasing goods. Healthy children miss far fewer days out of school and that means they get a better education and grow up to get better jobs