Answer :
Human development –
1. refers to the development of human capital and non-monetary aspects of an economy.
2. It includes development in spread of education, health awareness, human well-being, opportunities available to the youth, etc.
3. Human Poverty Index (HPI) and Gender Empowerment Measure (GEM) measure the human development.
Economic development –
1. It refers to development of monetary aspects of an economy.
2. It includes decrease in trade deficit, increase in income levels, increase in standard of living of people, etc.
3. GDP, GNP are some of indicators of economic development of a country.
Rate this question :
How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Related Videos
Globalisation and its Impact29 mins
History of Pythagoras and His Theorem37 mins
Rise of Nationalism in Europe38 mins
Indian Nationalist Movement29 mins
Non-cooperation Movement33 mins
Together With | Rise of Nationalism in Europe35 mins
The Making of Germany and Italy49 mins
Foundation | Period and Sources of Ancient Indian History33 mins
All About the World WarsFREE Class
Know Importance of Dates in History34 mins




















Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
view all courses
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation

