Question

Distinguish between human and economic development ​

Answer 1

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$\huge\pink{Human\:Development}$

• It is broader aspect of development as it includes monetory as well as the non-monetory aspects.
• It is the process of both quantitative and qualitative growth.
• Human development is the end or the final goal of all developments.

$\huge\purple{Economic\:Development}$

• It is a narrow concept as it includesw only the monetory aspects.
• It includes only the quantitative growth.
• It is a mean to achieve human development.

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Answer 2

Answer:

Human development :-

Human development is the process characterized by the variation of the material conditions that most influence the possibilities of satisfying needs and desires and to explore and realize the physical and psychic, biological and cultural, individual and social potentials of each person.