The difference between growth and development

in #economic6 years ago


The difference between growth and development

Growth and development

The word growth and development are two interrelated words, used side by side, and growth differs from development but depends on the other; to describe success in achieving or reaching goals, which are important studies in modern times and are the bulk of our lives.

the growth

Growth is a change in the physical aspects. It is a cellular process that stops at the stage of being satisfied. It is part of development. It has quantitative, qualitative and precisely quantifiable types, and there is human growth, economic growth and other types of growth based on the same principle.

  • Human growth: Human growth is based on the biological events that cause you, including the body to grow naturally in the early stages of your life.

  • Economic growth: is a concept that reflects the increase in the real country level of GNP that can be caused by the increase in the quality of resources, or in the quantity and technological improvements, or reflects the increase in the value of the goods and services produced by the different sectors and can be measured through the increase In the GDP of a particular country.

Development

Development involves the development of many things, shown by the qualitative improvement of conditions, and the development of certain processes to meet general needs.

  • Human development: It is a product of psychological and social development, emphasizing the environmental and behavioral factors of the individual, and expressed in maturity.

  • Economic development: Increasing living standards and improving the needs of self-esteem and freedom from injustice. This is a normative concept that aims to develop and improve living conditions to increase economic growth, measured by literacy rates and factors affecting productivity in a country.

Major differences between growth and development

  • Growth is a change in the physical aspects of the individual and society while development is a gradual change of the individual and society.

  • Growth is cellular followed by change in shape, and development is structural change and functional advancement. Growth stops at a certain point in time, but development continues.

  • Growth is part of the development process, but the reverse is not true.

  • There are quantitative and qualitative types of growth, but development does not exist.

  • Accurate measurements of growth can be obtained, while development can not be measured accurately.

Although growth and development are processes that affect each other, growth can occur even though there is no development. Development can occur without growth, but sometimes growth requires development to achieve its goals. Growth and development are not the same. But to reach them together, goals must be set, and with the will, the two processes go hand in hand.

By Yasmine Adnan Abou Salim

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