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What is difference between development and …

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What is difference between development and growth
  • 1 answers

Yogita Ingle 3 years, 10 months ago

Growth

  1. Growth is quantitative.
  2. Increase in a country's real level of national output which can be caused by an increase in the quality of resources.
  3. Economic Growth can be measured by an increase in a country's gross domestic product.

Development

  1. Development is quantitative and qualitative
  2. Increase in living standards
  3. Leads to the creation of more opportunities in the sectors of education, healthcare, employment
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