the main difference and similarities of growth, economic growth, development and sustainable development
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An economic development is based on economic growth. ... On the other hand, the sustainable development model is a multidisciplinary concept and it relies on reducing resource consumption, producing clean alternative energy, protection of environment factors, quality of life in its complexity.
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Key differences between Economic Growth vs Economic Development. Economic Growth is the increase in the real output of the country in a particular span of time. ... However, Economic Development is concerned with Sustainability, which means meeting the needs of the present without compromising
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