Describe the major differences between ‘economic growth’ and ‘economic development’.

Economic growth and economic development are often used interchangeably, but they represent distinct concepts in economics. Understanding the differences between the two is crucial for policymakers, economists, and individuals interested in fostering sustainable economic progress. When discussing these concepts in the context of distance education, it's important to consider how each aspect contributes to the economic perspective of education delivery and accessibility.

Economic Growth:

Economic growth refers to the increase in the total output of goods and services produced by an economy over time. It is commonly measured by the Gross Domestic Product (GDP), which quantifies the total value of all goods and services produced within a country's borders within a specific period, usually annually or quarterly.

Key characteristics of economic growth include:

1. Quantity-oriented: Economic growth primarily ___ ___ ________ ________ _________.
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