"Do the two terms -economic growth and economic development-mean the same thing?"Discuss
Rejeenaneximcj:
anyone plz answer my question....plzzzzz
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No , the are different
As, ECONOMIC GROWTH is an increase in the amount of goods and services produced per head of the population over a period of time. it depends on the situations and circumstances.
And, ECONOMIC DEVELOPMENT Economic development is the process by which a nation improves the economic, political, and social well-being of its people. it depends on the people and their economic conditions .
so, they both differ from each other .
i hope it is helpful for you .
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