Societal development refers to the progress made by societies in terms of economic growth, social well-being, infrastructure development, education, healthcare availability, and other indicators that reflect improvements in quality of life.
Related terms
Human Development Index (HDI): A composite measure of societal development that takes into account factors like income, education, and life expectancy.
Gross Domestic Product (GDP): The total value of goods and services produced within a country in a given period, often used as an indicator of economic development.
Sustainable Development: Development that meets present needs without compromising the ability of future generations to meet their own needs.