Step 1: Understanding the Concept:
ASEAN (Association of Southeast Asian Nations) is a regional organization with a multi-faceted mission. Its main objectives are broad, covering several areas of cooperation among its member states.
Step 2: Detailed Explanation:
The objectives of ASEAN are formally structured around three pillars:
1. ASEAN Economic Community: To accelerate economic growth, create a single market, and promote equitable economic development.
2. ASEAN Political-Security Community: To promote regional peace and stability through dialogue and conflict resolution.
3. ASEAN Socio-Cultural Community: To foster a common identity and build a caring and sharing society.
Evaluating the options:
(A) Economic development is a primary objective, but not the only one.
(C) Cultural development is an objective, but the word "Only" makes this option incorrect.
(B) Economic and political development accurately captures the essence of the first two, and most important, pillars of ASEAN. It is the most comprehensive and correct answer among the choices.
Step 3: Final Answer:
ASEAN's objectives are comprehensive, aiming to accelerate economic growth and promote regional peace and stability. Therefore, "Economic and political development" is the best description of its main objectives.
Thus, option (B) is correct.