difference between economic growth and economic development
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INCREASE IN REAL OUTPUT OF COUNTRY ...IN APERTICULAR LIFE SPAN IS CALLED economic growth .....
INCREASE IN DEVELOPEMENTS OF PRODUCTION WITH A WITH ENRICHMENTS IS CALLED ..economic developement...
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Explanation:
1.Economic growth-It is the increase in the real output of the country in a particular span of time.
2.Economic development-It is the increase in level of production in an economy along enrichment of living standards and the advancement of technology.
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