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INDICATORS OF GROWTH AND DEVELOPMENT — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsINDICATORS OF GROWTH AND DEVELOPMENT2 Marks
Question
State two points of difference between economic growth and development
✓

Answer

Economic growth is an occurrence while development is a process,
Only quantitative changes take place in economic growth whereas both quantitative and qualitative changes take place in economic development.

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