Does economic growth lead to human development?

Answer 1

Economic growth is mostly defined by GDP growth, this is, the increase of the production of goods and services in a given area (normally a country) within a time period (normally one year but it can be one quarter, for instances).

Economic development is the improvement of all life standards, like health, education, life expectancy, institutional quality, etc.

What happens is that most of the people think greater growth will drive greater development. Despite the two being highly correlated (more growth means more resources to deploy therefore better life conditions) there are cases where this is not that clear. See for example the emerging economics vis-a-vis Western World. The emerging economies are growing much more but their economic development is still smaller (access to good education, health services, clean water, infrastructure, etc.).

Economic growth is more an economic aspect (only related with the capacity of production of goods and services) and economic development is more a social aspect (how the income generated from production is employed to increase welfare of people).

Answer 2

This depends on how you define human development. Economic development can provide people with the time and resources to pursue their interests, and can therefore lead to cultural development.

If instead you equate human development with moral development, the relationship is much less clear. Many religious traditions caution against excessive wealth, "It is easier for a camel to pass through the eye of the needle than for a rich man to enter heaven", etc., but this is probably referring to individual wealth relative to society, not the economic progress of the society itself.

You should also consider that humans are presently consuming resources faster than they can be replaced and any further economic expansion is likely to cause additional suffering and death in the long term. So if human development includes the creation of a stable and sustainable society, the answer right now might be 'no'.

Answer 3

Human settlement, tied to ecological conservation, biospheric regeneration, and food production would be a sustainable human development. Humans have traditionally had a negative effect on the sustainability of the areas they have occupied. Animals have been hunted to extinction, forests have been cut down, the productive value of the land has been reduced by poor farming practices, water has been polluted, swamps and wetlands have been drained, foreign species of plants and animals have been imported to new areas. Modern science and awareness has identified these problems and proposed solutions. Whether or not we will accept and successfully adopt these changes is yet to be seen.

Answer 4

i dont know answer because m asking to u about it

Answer 5

yes they do go hand in hand, because without proper economic growth then the countries status will be underdeveloped