

InterviewSolution
Saved Bookmarks
1. |
What is difference between development and growth |
Answer» Growth\tGrowth is quantitative.\tIncrease in a country\'s real level of national output which can be caused by an increase in the quality of resources.\tEconomic Growth can be measured by an increase in a country\'s\xa0gross domestic product.Development\tDevelopment is quantitative and qualitative\tIncrease in living standards\tLeads to the creation of more opportunities in the sectors of education, healthcare, employment | |