Distinguish, differentiate, compare and explain what is the Difference between Human Development Economic Development . Comparison and Differences.
Difference between Human Development Economic Development
1. Human Development is a broader aspect of development as it includes monetary as well as the non- monetary aspects. Economic Development is a narrow concept as it includes only the monetary aspects.
2. Human Development is the process of both quantitative and quantitative growth. Economic Development includes only the qualitative growth.
3. Human development is the end or the final goal of all developments. Economic Development is a means to achieve human development.