Distinguish between economic growth and development. Briefly mention the main benefits that economic growth confers upon society

Economic Growth is a narrower concept than economic development.It is an increase in a country's real level of national output which can be caused by an increase in the quality of resources (by education etc.), increase in the quantity of resources & improvements in technology or in another way an increase in the value of goods and services produced by every sector of the economy. Economic Growth can be measured by an increase in a country's GDP _________ _____ _______ ___ ___ _______ ___ ____ _________ ______.
__________ ________ ___ ____ ________ __________ ______ ____ __________ __________ ______ ______.
______ _________ _____ _____ ________ ________ _______ _______ ___ _______ ___.
__________ ___ ______ _______ ____ ________ _______ ___ ____ ________.
________ _________ ____ _____ _________ _________ __________ _______.
____ ____ ________ ________ _____ ___ ______.
_________ ____ _______ ____ __________ ______ _________ ____.
___ _________ __________ _______ __________ ____ __________ _______ _______.
__________ ______ ______ _______ _____ __________ ________ _________ __________ _________ __________.
___ _____ ______ _____ ____ ____ _____ _______.
__________ _________ _____ _______ ____ _____ _______ _____.
_________ _____ ________ ________ ___ _________ ____ __________ ________ ______ ___.
__________ __________ _______ ________ _____ _________ ___.
_________ ___ _______ __________ _______ ___ _________ ____ __________.
____ _______ ____ ___ _________ __________ ___ ______ ______ ___ ___ ___.
_________ _________ _____ _____ _________ _________ ________ ___ __________ ___ _______ ___.
______ _____ _______ _____ __________ _________ ______ ____ _____ _______.
__________ _____ __________ ______ ___ ____ _______.
____ __________ ______ ______ ___ _____.
______ ___ ____ ______ _________ _____ ____ ____.
________ _______ ______ ______ ___ __________ _________ _______ _______ __________.
_________ ____ __________ _________ _______ _______ ________ _____ ____ _________ ____.
___ ______ _________ __________ _______ _____ ____ ___.
____ _____ ______ ________ _____ _________ __________.
_________ ____ ___ __________ _____.
______ ________ ______ _____ _________.
_____ _____ ______ ________ _______ _______.
__________ ______ ________ __________ ______ __________ __________ ________ ________.
______ ___ __________ _______ __________ ______ ___ ___.
__________ ____ ____ __________ ___ ______ ______ _________ ________ _________ _________.
_______ ________ __________ ___ ___ ________ ______ _______ _______ ____ _____.
_____ ______ _________ ________ ____ ______ _____ _______ _______ ________.
_________ _______ _____ __________ _____ ________ __________ ____ ____ _____ ______ __________.
________ ____ ______ ___ _______ ______ ______ _____ _______ ___ _____.
________ _________ _________ _______ ___ __________ ________.
__________ ____ _____ __________ _________ ___ __________ ____ _______ ______ _______.
____ ________ ___ __________ _______ _______ ______.
________ ___ ___ _____ ________ _______ _________ ______ ________.
______ ________ ______ _________ ___ ____ _______ ________ _____ _________ ________.
________ __________ __________ _________ ___ ____ _______ _______ ________.
______ _______ ____ ________ ________ ___.
________ ______ _________ ________ _________ _________ _______ ____.
____ _______ __________ __________ _____ _____ _________.
__________ _______ __________ ___.
Get Full Answer on WhatsApp