The difference between economic growth and economic development is that the latter deals with ____________
A. economic growth and structural change B. economic growth and output change C. economic growth and GDP change D. economic growth and income change
Correct Answer: A
Explanation
economic growth refers to sustained increase in output while economic development includes increase in output with other positive changes such as increase in manufacturing output, to the total output, increase in employment. reduction in poverty level. more equitable distribution of income.
