Economy, asked by dayaben, 3 months ago

distinguish between economic growth and development​

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Answered by cutiepie147
2

Answer:

ECONOMIC GROWTH : it refers to the growth of a economic status of a country. it relates mostly on income and related matters.

DEVELOPMENT : it refers to the overall improvement in the status of the country. development not only depends on income, but also on other factors. such as literacy rate, life expectancy rate, infant mortality rate, health facilities, etc.

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