differenciate between growth and development. 3 points
Answers
hey mate
growth and development have very less difference
growth occurs in physical state and physical factors are responsible for it
as we can say growth in plant, it tell us about growth in size shape of the plant and physical factors like sunlight weather water etc are responsible for it
while on the other hand , development means internal or mental growth , it can also be used for physical growth
That is development can be used as place of growth but growth cant be used at the place of development, as for example we say that development of economy of people , we cant say growth of economy of people
growth can be used to represent negative increase as well as positive increase but development is always used for positive increase
for eg ,. growth in death rate, we cant say development in death rate
hope this helps
mark it brainliest
thanks
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DEVELOPMENT
❤️ It implies changes in income, savings and investment along with progressive changes in socio - economic structure of the country (Instructional and technology changes)
❤️ It is Qualitative. - eg HDI, GDI, HPI, LITERACY RATE, MORTALITY RATE ETC.
❤️ Development relates to growth of human capital index, decrease in inequality figures, structural changes that improves in general populations quality of life
❤️ Brings qualitative and quantitative changes in economy
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GROWTH
❤️ It refers to an increase in the real output of goods and services in the country.
❤️ It is Quantitative - eg INCREASE IN REAL GDP
❤️ Growth refers to a gradual increase in one of the components of gross domestic products ;consumption, govern spending, investment, net explores.
❤️ Brings quantitative changes in the economy.
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