Social Sciences, asked by roctotpolgoswami, 3 months ago

Write two differences between Economic Development and Economic
Growth.
2​

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Answered by XXPSYCHOGIRLNAZIAXX
16

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Answered by Jananichennai
2

Economic Development

(1) Multi dimensional

(2) Qualitative changes: composition and distribution of national income

(3) Gradual and steadychange, planned

(4) Continuous change

(5) Growth is prerequisite for development

(6) Solution to the problem of under developed countries.

Economic growth

(1) Single dimensional

(2) Quantitative Changes: change in national and per capita income

(3) Spontaneous change

(4) Discontinuous change

(5) Growth is possible without development

(6) Solution to the problem of developed countries

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