Differentiate between growth and development with …
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Posted by Mk.P Kumar 4 years, 3 months ago
- 2 answers
Gaurav Seth 4 years, 3 months ago
A n s w e r :
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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Gaurav Seth 4 years, 3 months ago
Examples
development
: Per capita Income, Industrial Development
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