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Difference between Economic Growth and Economic Development

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Difference between

Economic Growth

and

Economic Development

, • At the core of the study of economic development is the fact

that the economic growth is not equal to economic

development

• Development is far more complex and multi dimensional

• Economic growth is very much a one dimensional concept- an

increase of real output or GDP overtime

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Institution: ARID AGRICULTURE UNIVERSITY
Course: Difference between Economic Growth and Economic Development

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Uploaded on: January 12, 2021
Number of pages: 5
Written in: 2020/2021
Type: Class notes
Professor(s): Anees baloch
Contains: All classes

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economic growth
economic development
difference between economic growth and economic development

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