Business Studies, asked by srinjoy9878, 11 months ago

Explain why economic growth is said to be subset of human development?

Answers

Answered by nidaeamann
0

Explanation:

Core purpose of development is to make an enabling environ¬ment for people to enjoy long, healthy and creative lives. This is also called human development, which is primarily related to fulfilment of their wishes, wishes to improve their lives. Since some of these wishes relate to income expansion while some other could be related to better relationships, better culture etc so we can say that Economic growth is only a subset of human development

Answered by bratislava
0

Economic growth is a subset as it related to expanding the lives of people.

Explanation:

  • As human development is referred to as a process of enhancing people's choices, leading a long and healthy life, being educated, and live a decent standard of living.  
  • It focuses on the enhancement of freedom and human rights. Income growth is considered an expansion of human capabilities. Income is a sum total of human life, it's essential for health, education, and the physical environment.
  • The economic growth that is measured in terms of per capita income GNP focus on income. for widening human choices. Since it enables people to expand their range of choices. Hence economic growth is said to be a subset of human development.

Learn more about the explain why economic growth is said to be subset of human development.

  • brainly.in/question/14140474 answered by nidaeamann.
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