Question

Difference between economic growth and human development

Answer 1

Answer:

It was observed that despite economic achievements, the living standard of their masses remained largely unchanged.

2. It was realised that the economic development alone cannot promote human development.

3. Consequently the concept of human development got expanded beyond economic development

Answer 2

A. Economic Growth

Growth is an increase in the country’s output.

B. Development

Development is an improvement in factors such as health, education, literacy rates and a decline in poverty levels.

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