Introduction:
Economic development can be defined as the process of improving the economic well-being of a country, region, or community. It involves efforts to increase economic growth, improve living standards, and reduce poverty.

Classical View of Economic Development:
The classical view of economic development focuses on the following factors:

1. Per Capita Income:
Per capita income refers to the average income per person in a country. The classical view of economic development suggests that a country's economic development can be measured by its per capita income. The higher the per capita income, the more developed the country is considered to be.

2. Gross National Income (GNI):
Gross National Income (GNI) is the total income earned by a country's residents and businesses, including income earned abroad. The classical view of economic development also considers GNI as an important factor in measuring a country's economic development.

3. Industrialization:
The classical view of economic development emphasizes the importance of industrialization in promoting economic development. Industrialization involves the development of industries, factories, and manufacturing processes that increase productivity and create jobs.

4. Capital Accumulation:
Capital accumulation refers to the process of increasing the stock of physical and human capital in a country. This includes investments in infrastructure, education, and healthcare that can increase productivity and contribute to economic growth.

Conclusion:
In summary, the classical view of economic development considers per capita income, GNI, industrialization, and capital accumulation as important factors in promoting economic development. However, this view has been criticized for its narrow focus on economic growth and its failure to consider social and environmental factors.