Economic Growth 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. Economic Growth can be measured by an increase in a country's GDP. However this does not necessarily mean that development has occurred.
Economic development is a sustainable boost in the standards of living of the people of a country. It implies an increase in the per capita income of every citizen. It also leads to the creation of more opportunities in the sectors of education, healthcare, employment and the conservation of the environment.
Economic growth is an increase of per capita income of the country and on the other hand, economic development is a wider term and it is used for under developed and developing country and economic growth is used for developed countries.
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