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What are the distinctions between economic growth and economic development?

Economic growth is the growth of people which causes economic development, the growth/development of cities/towns. (i.e. businesses and buildings)


Is economic growth necessary for economic development?

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.


What is the role of Information Communication Technology in Indian Economic Growth?

AnswerRole of information communication technology in Indian economic growth?AnswerRole of information communication technology in Indian economic growth?


In what ways does technology contribute to the growth and development of the economy?

Technology contributes to the growth and development of the economy by increasing productivity, creating new industries and jobs, improving efficiency in business operations, and facilitating global trade and communication. Additionally, technology enables innovation and the development of new products and services, which can drive economic growth and competitiveness.


Which explains how investment in the Georgia Institute of Technology impacts growth and development in Georgia?

Georgia Tech contributes jobs and focuses on economic development.


similarities of economic growth and development?

economic growth


Why was economic development shifted from economic growth to human development?

developement includes economic growth, in addition to human development such as providing for health nutrition, a clean evvironment and


Which statement best explains how investment in the Georgia Institute of Technology impacts growth and development in Georgia?

Georgia Tech contributes jobs and focuses on economic development.


Could there be economic growth without economic development?

no economic growth cannot be possible without devlopment


What has the author Santoshkumar Bhattacharyya written?

Santoshkumar Bhattacharyya has written: 'Capital longevity and economic growth' -- subject(s): Mathematical models, Economic development, Industrial equipment, Technology


What is Economic growth and economic development?

what is economic growth and development? Economic development is the institutional change made to promote economic betterment. It is the process of lmproving the quality of human life through increasing per caita income.


What has the author Uttam Kr Bhattacharya written?

Uttam Kr Bhattacharya has written: 'Engineering research institutes, technology development, and economic growth' 'The growth of machine tool industry in India'