What do u mean by growth and development?
Growth is defined as an irreversible constant increase in the size of an organ or even an individual cell. Growth refers to the increase in mass and size of a body. Development is the process where a particular organism, not only grows physically but acquires mental and physiological growth as well.
What are the similarities and differences in growth and development?
Growth refers to an increase in size evident through physical change. Growth is also used to refer to consistent growing and an increase in value. When your child increases in height and weight, then they are experiencing a growth process. On the other hand, development refers to a process of gradual transformation.
What is important for our growth and development?
Adequate nutrition is one of the important factor influencing growth & immunity. A balanced diet must contain sufficient amount of carbohydrate, protein, fat, vitamins, minerals and fibre in the required amounts. Each of these nutrients has a vital role in the all-round growth and development of children1.
What is the relationship between economic growth and economic development?
Economic growth means an increase in real national income / national output. Economic development means an improvement in the quality of life and living standards, e.g. measures of literacy, life-expectancy and health care. Ceteris paribus, we would expect economic growth to enable more economic development.
What are the factors that contribute to economic development class 10?
Factors that Determine Economic Growth and Development of a Country
- (i) Supply of Natural Resources:
- (ii) Capital Formation:
- (iii) Technological Progress and Economic Growth:
- (iv) The Growth of Population:
What is a difference between growth and development?
Growth is just ‘getting bigger’, whereas development is improvement. Growth can be explained as becoming bigger or larger or having more importance. Growth is termed as a physical change, where as development is said to be physical as well as social or psychological change.
What are the factors that hinder economic development?
The paper finds that public borrowing, trade deficit, military expenditures, population, political instability, corruption, the high dependency on natural resources and the low level of technological innovation, all hinder GDP in the long run.
What is the main difference between economic development and sustainable development?
Ordinarily speaking, it is a situation in which economic development does not decrease over time, Sustainable development is the development that is everlasting. Sustainable development is a process in which natural resource base is not allowed to deteriorate.
What is meant by sustainable economic development?
Sustainable development is an approach to economic planning that attempts to foster economic growth while preserving the quality of the environment for future generations.
Do the two terms economic growth and economic development mean the same?
‘Do the two terms—’Economic Growth’ and ‘Economic Development’ mean the same thing’. No, Economic growth and Economic development are distinct and different in terms of their contents and coverage. Economic growth can be defined as a process whereby a country’s real national income increases over a long period of time.
What does mean development?
Development is a process that creates growth, progress, positive change or the addition of physical, economic, environmental, social and demographic components. The identification of these traps enables relating to political – economic – social conditions in a country in an attempt to advance development.
What is economic development and examples?
Economic development is the process by which emerging economies become advanced economies. A longer average life expectancy, for example, is one of the results of economic development. Improved productivity, higher literacy rates, and better public education, are also consequences.