Difference between growth and development
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Posted by Sparsh Sharma 6 years, 11 months ago
- 2 answers
Yogita Ingle 4 years, 4 months ago
Growth
- Growth is quantitative.
- Increase in a country's real level of national output which can be caused by an increase in the quality of resources.
- Economic Growth can be measured by an increase in a country's gross domestic product.
Development
- Development is quantitative and qualitative
- Increase in living standards
- Leads to the creation of more opportunities in the sectors of education, healthcare, employment
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Sonali Aggarwal 6 years, 11 months ago
Growth is reffered to as a physical change i.e.becoming bigger in size.Development is both physical ,social and psychological change.
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