Distinguish between individual development and economic development?
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1) Individual development is taking steps to better yourself, such as by learning new skills or overcoming bad habits. An example of self development is taking courses at the university to learn new skills and interesting things.
2) Economic development means that the rate of production must be faster than the rate of increase in population. In other words we can say that it makes people better off by increasing their command over goods and services and by increasing the choices open to them.
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