Economy, asked by agarwalnaman64p9yd19, 1 year ago

Difference between human development and economic development

Answers

Answered by saivivek16
3

Hey mate,

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.

Economic development

(i) It is a narrow concept as it includes only the monetary aspects.

(ii) It includes only the quantitative growth .

hope it will help you

Answered by HariesRam
13

Answer:

  • Human development is the development of an individual's overall well-being.

  • Economic development primarily deals with the development of economic spheres of a nation as a whole.

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