Difference between economic growth and economic development, Macroeconomics

Assignment Help:

What is the difference between economic growth and economic development?

Growth is only individual dimension of development. Economic development is a complicated multi-dimensional concept to do along with enhancements in the human well-being, particularly for poor people. A seer explains development as the elimination of poverty and reduction, inequality and unemployment into a growing economy.


Related Discussions:- Difference between economic growth and economic development

What is cost-push inflation, What is Cost-push inflation Cost-push infl...

What is Cost-push inflation Cost-push inflation takes place when costs of production increase causing short-run aggregate supply curve to shift to left. The main causes of c

Find out the opportunity cost of corn, Outline briefly a.      How peopl...

Outline briefly a.      How people make decisions? b.      How they interact? c.       How economy as a whole works? 1.  Give three examples of important trade offs, th

Differentiate comparative and absolute advantage, What is the difference be...

What is the difference between Comparative Advantage and Absolute Advantage? Difference between Comparative Advantage and Absolute Advantage: Comparative advantage: it is

Illustrate the overview and importance of macroeconomics, Illustrate the ov...

Illustrate the overview and importance of macroeconomics? After familiar with this illustration, able to know: a. An overview of macroeconomics is the study about the econom

Live around a hazardous waste dump, : Suppose that 100 people live around a...

: Suppose that 100 people live around a hazardous waste dump. If the people continue to live there for 20 years, one of them will likely contract a painful, non-fatal cancer that w

Types of market, #five differnces between a monopoly market and a monopolis...

#five differnces between a monopoly market and a monopolistic market

Seek the kingdom of god, What does it mean to seek the Kingdom of God in a ...

What does it mean to seek the Kingdom of God in a democratic capitalist economy? How can it be done?

Sears rates its salespersons, Sears rates its salespersons according to the...

Sears rates its salespersons according to their sales ability and their potential for advancement. They sampled 500 salespeople with following data: Potential for Advancement Fair

Lilie, What are the requirements for something to be considered money? Why ...

What are the requirements for something to be considered money? Why does the dollar have value?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd