difference between growth and development (1 Viewer)

[shuning]

i know the defintion for growth is: the expansion of a country's productive capacity

but what about development? can some1 give me an example answer for this question?
thanks very much

 

[gibbo153]

economic growth is a nation's output over a given time (measured by GDP). it is a purely quantitative measure.

economic development basically refers to physical quality of life. often measured by Human Development Index (HDI), which takes into account health, education and income.

 

[jchoi]

Economic development = measuring of the quality of life which include HDI, GDP per capita, computers per 100 people, all these kind of factors.
Economic growth refers to the growth of the economy which is generally measured in real GDP per capita.

The most important thing is about their relationship though-
You must mention that they're interelated but are not interdependant.
For example, economic growth may or may not lead to economic development as economic growth means higher output of a country in general but doesn't measure the distribution of income.