Economy, asked by sneha6415, 1 year ago

Distinguished between human and economic development​

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Answered by abhijitgupta2
3

GDP per capita), while economic development is a broader concept and means increase level of various aspects of human life, some of which are immeasurable. Growth must therefore be seen as a quantitative change, while development includes both quantitative change and qualitative.

Answered by Dianadia
3

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Human Development

Human Development (i) It is a broader aspect of development as it includes monetary as well as the non- monetary aspects.

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 growth.

Economic development

Economic development(i) It is a narrow concept as it includes only the monetary aspects.(ii) It includes only the quantitative growth .(iii) It is a means to achieve human development. .........

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