Distinguish between economic development and human development
Basis of Difference | Economic Development | Human Development |
Meaning | It refers to a continuous and sustained growth in an economy along with a general improvement in the overall standard of living in the nation. | It refers to an improvement in the overall well-being and quality of life of individuals. |
Focus on | It focuses on the economy as a whole. | It focuses on just the human aspect. |
Scope | It has a wider scope. | It is comparatively narrow in scope |