Social Sciences, asked by DHAVALS9429, 10 months ago

Explain the difference between Economic progress and Economic development

Answers

Answered by namah989883

Answer:

Economic Growth is the increase in the real output of the country in a particular span of time. Whereas, Economic Development is the increase in the level of production in an economy along enrichment of living standards and the advancement of technology.

Explanation:

Answered by sakthiya

Explanation:

Economic growth refers to an increase over time in a country s real output of goods and services (GNP) or real output per capital income .

Development relates to growth of human capital indexes , a decrease in equality figure d and structural changes that improve the general population s quality of life

please mark me as brainliest

Previous Question

Next Question

Similar questions

English, 5 months ago

Q) write a story from the following A monkey and fox decided to eat the bananas carried by a man ____ frighten him __the man runs away ___ the monkey climbs a tree whit the bananas____eat them and throws the skins to the fox 300 word atleast with moral plz...

Math, 5 months ago

चन्द्रिका और गोमती की वर्तमान आयु का अनुपात 4:5 है । चार वर्ष बाद उनकी आयु का योग 80 वर्ष होगा । उनकी आयु का अनुपात 4 साल बाद क्या होगा?

Computer Science, 5 months ago

In ______________ referencing, a $ symbol is used before the column name as well as row number to make it constant in any formula. * a. Relative b. Absolute c. Mixed d. All of the above...

Math, 10 months ago

Using distance formula,show that the points P(2,1),Q(8,-3) and R(-1,3) are collinear.