Question

Economic growth purely emphasises factors.

• A. social
• B. economic
• C. socio-economic
• D. health

Answer 1

The correct option is B economic

Economic growth is concerned only with economic factors like an increase in income and production. In contrast, economic development considers improvement in the quality of life and emphasises socio-economic factors.

Economic growth is a quantitative measure and is measured in terms of an increase in national income. At the same time, economic development is a qualitative measure.