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What View of Development Argues for a Process That Is

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What view of development argues for a process that is bottom up, participatory, and reliant on appropriate (often local) knowledge and technology, with small investments in small-scale projects and a protection of the commons?


Definitions:

Business Organization

The structure and legal form under which a business operates, such as a corporation, partnership, or sole proprietorship.

Incorporation

The act of officially recognizing a business entity as distinct from its proprietors, offering limited liability and additional advantages.

Registration Jurisdiction

Refers to the specific geographical area or legal authority where a business or property must be registered.

Closely Held Corporation

A company whose shares are owned by a small number of shareholders, often involving family or close associates.

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