What is the difference between growth and development (economic)
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(1) Growth is change of physical aspects of the organism. Development is overall changes and progressive changes of the organism. ... (8) Growth is quantitative and development is qualitative in nature. (9) Growth can be measured accurately but development is subjective interpretation of one's change.
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Economic growth refers to an increase over time in a country`s real output of goods and services (GNP) or real output per capita income. Development relates to growth of human capital indexes, a decrease in inequality figures, and structural changes that improve the general population's quality of life
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