Question

differ between human development and economic development 3 point​

Answer 1

Answer:

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.

Explanation:

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Answer 2

Answer:

Development concerns expanding the choices people have, to lead lives that they value, and improving the human condition so that people have the chance to lead full lives. ... Thus, human development is about much more than economic growth, which is only a means of enlarging people's choices.

Explanation:

Economic Development Human Development It refers to a continuous and sustained growth in an economy along with a general improvement in the overall standard of living in the nation. It refers to an improvement in the overall well-being and quality of life of individuals. Economic Development focuses on the economy as a whole. Human Development focuses on just the human aspect. It has a wider scope. It is comparatively narrow in scope