Standardized measures of economic development are used to identify the status of one's country, state, or local community.
Economic growth is defined by increases in GDP. Whereas, economic development is more of a vague measure usually encorporating social measures such as literacy rates or life expectancy as a means of measuring a country's level of development.
Geographers use general measures of development to analyze this progress
human development index
Economic growth is necessary for economic development but not a sufficient proof of economic development. The improvement of people's living condition is a greater assessment of economic development.
nature of economic development
It only looks at the one factor, economic progress and doesn't include other measures.
Amritlal Gosalia has written: 'Aid or self-aid?' -- subject(s): Economic assistance, Economic development 'Aid or self-aid? Techno-economic measures for the 2nd development decade' -- subject(s): Economic assistance, Economic development
Economic growth is defined by increases in GDP. Whereas, economic development is more of a vague measure usually encorporating social measures such as literacy rates or life expectancy as a means of measuring a country's level of development.
Geographers use general measures of development to analyze this progress
human development index
The Qin empire build a long defensive wall and canals and standardized wights and measures.
Economic growth is necessary for economic development but not a sufficient proof of economic development. The improvement of people's living condition is a greater assessment of economic development.
nature of economic development
No i do not agree with the above statement completely i do agree but not completely because as in economic terms we can say economic development as increase in literacy rate which is there in our country "but not much" which will help to make the people aware regarding birth control measures example: - condom,i-pills etc.
CMM
Which of the following was not an economic effect of colonization? Global economic development
Standardized weighs and measures or Established standards and physicans