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Diffrence between human development and economic development

Posted by Kuljashan Kaur 6 years, 10 months ago

CBSE > Class 10 > Social Science

1 answers

Sia ? 6 years, 10 months ago

Human Development

(i) It is a broader aspect of development as it includes monetary as well as the non- monetary aspects.

(ii) It is the process of both quantitative and qualitative growth.

(iii) Human deveIopments is the end or the final goal of all development.

Economic development

(i) It is a narrow concept as it includes only the monetary aspects.

(ii) It includes only the quantitative growth .

(iii) It is a means to achieve human development.

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CBSE > Class 10 > Social Science