Question
Differentiate between economic growth and economic development.

Answer

Economic growth Economic development
$1.$ Economic growth is an occurrence $1.$ Economic development is a process
$2.$ In economic growth quantitative change occurs. $2.$ In economic development both quantitative and qualitative change takes place.
$3.$ It emphasizes on the distribution of available resources. $3.$ It emphasizes on utilizing the unutilized resources.
$4.$ Economic growth is related to developed countries. $4.$ The concept of economic development is related to developing countries.
$5.$ It is easy to measure economic growth. $5.$ it is quite difficult to measure economic development.
$6.$ The concept of growth is narrow. $6.$ The concept of development is broad.
$7.$ Economic growth is only related to increase in per capital income. $7.$ Economic development is related to distribution along with per capita income.
$8.$ Economic growth is a fast process. $8.$ Economic development is a slow process.
$9.$ Economic growth is possible without economic development. $9.$ Economic development is not possible without economic growth.

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