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Difference between development and growth

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Difference between development and growth

    • Posted by Nidhi Pandey 6 years, 10 months ago

    CBSE > Class 10 > Social Science
    • 3 answers

    Prince Raj Aryan 6 years, 10 months ago

    Growth means increase in size but development means overall increasement

    2Thank You

    Sanjay Yadav 6 years, 10 months ago

    In accordance to me growth is for short period of time whereas development is for long period of time

    1Thank You

    Yogita Ingle 6 years, 10 months ago

    1. Economic growth has a single dimension; Economic development is multi-dimensional.
    2. Economic growth reflects only quantitative changes; Economic development shows both quantitative and qualitative changes.
    3. Economic growth shows the change in output; Economic development shows changes in the output along with technology and institutional arrangements.
    4. Economic growth is spontaneous; Economic development is either regulated or controlled.
    5. Economic growth is possible without development; economic development is not possible without growth.

    1Thank You

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