Development
Part of speech: noun
Definition: The process of developing; growth Something which has developed A real estate development The application of new ideas to practical problems (cf. research) The active placement of the pieces, or the process of achieving it The second section of a piece of music in sonata form.
Example sentence: Unlike a drop of water which loses its identity when it joins the ocean, man does not lose his being in the society in which he lives. Man's life is independent. He is born not for the development of the society alone, but for the development of his self.
Developing
Part of speech: adjective
Definition: Of a country: becoming economically more mature or advanced; becoming industrialized.
Part of speech: verb
Definition: To change with a specific direction, progress.
Example sentence: The developing world is full of entrepreneurs and visionaries, who with access to education, equity and credit would play a key role in developing the economic situations in their countries.