Kuznets emphasized the function of human resources when he said, “the main capital reserve of human resources of an industrially developed nation is not its physical equipment; it is the body of knowledge accumulated from tested findings and innovation of practical science, and the ability and training of its people to use this knowledge effectively”. Sargent Florence quotes approvingly from H.D. Kay (an Emeritus professor of Bio-Chemistry) who said “…It is not scarcity of fundamental scientific knowledge nor of sound and realistic methods for implementing it to agriculture or deities that is the chief impediment to fairly speedy development of nutrition in most of the hungry countries…. It is rather the excessive sluggishness caused by political,…show more content… Although differences may occur in a lot of fields of social action; Hoselitz concerns himself mainly with deviant behavior associated with the economic actions. Societies in diverse levels of economic development are distinguished in terms of divergent pairs of pattern variables defined in parsons and Levy. They have pointed out that relationships of an individual to his society will differ in a number of proportions of which the most important entail cognition (the way a person understands the physical world around him), membership (this refers to the standard which determine the role assumed by different persons in the society) and substantive relations (this refers to the nature of responsibilities of people to one another). In terms of these magnitudes, economic growth can be considered as being related with a conversion of social behavior (relevant to economic aspects) from unreasonable to the rational as far cognition is concerned, from particularism to attribution of roles to universalism regarding ‘membership’ and from diffuse to specific ‘substantive relationship’. (V. Lakshmana Rao,…show more content… According to him; profit leads to saving of wealth which eventually goes to capital creation and results into economic development. According to Lewis; the methods of economic development are the effort to economize; to improve knowledge and its use to output and increasing the amount of capital or other resources per head. Since economic development is nearly related to human endowments; social attitudes; political conditions and historical hazards. Economic necessities alone are not sufficient for development. The understanding of the economists in 1950s and 1960s emphasized mainly the concept of stages of economic growth in which the method of development was seen as a sequence of successive phases through which all countries must pass. It was basically an economic theory of progress in which the true quantity and combination of saving; investment and foreign aid were all that was required to enable developing nations to pass through economic growth that historically had been followed by more developed countries. (Singh Saini, J.