The question is whether economic growth is the same thing as economic development. I will look at their points and decide if they are the same. Economic growth refers to the increase in the value of everything produced in the economy. It implies the annual increase in the country's GDP or GNP, in percentage terms. It alludes to a considerable increase in the national product per capita over a period, i.e. the growth rate of total production, must be greater than the population growth rate. Economic growth is often contrasted with economic development, defined as the increase in the economic wealth of a country or particular area for the well-being of its residents. Here, you should know that economic growth is an essential but not the only condition for economic development. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get Original Essay Economic growth is the positive change in the real output of the country over a particular time frame while economic development involves an increase in the level of production in an economy along with the advancement of technology, improvement in living standards and so on. The concept of economic growth is narrow while the concept of economic development is broad. The scope of economic growth is increasing in indicators such as GDP, per capita income, etc. The extent of economic development is an improvement in life expectancy rate, infant mortality rate, literacy rate and poverty rates. Economic growth has a short-term process while economic development has a long-term process. Economic growth is applicable to developed economies while economic development is applicable to developing economies. How can they be measured? Economic growth can be measured by the upward movement of national income. Economic development can be measured by the upward movement of real national income. What kind of changes are expected? Regarding economic growth, quantitative changes can be expected. Regarding economic development, qualitative and quantitative changes can be expected. The type of process in economic growth is automatic while in economic development it is manual. When do they arise? Economic growth occurs over a certain period of time while economic development occurs continuously. Economic growth is defined as the per capita increase in the monetary value of goods and services produced by all sectors of the economy during a given period. It is a quantitative measure that shows the increase in the number of business transactions in an economy. Economic development is defined as the process of increasing the volume of production along with improvements in technology, rising standards of living, institutional changes, etc. In short, it is progress in the socioeconomic structure of the economy. To understand the two terms economic growth and economic development, we will take a human being as an example. The term growth of a human being simply means the increase in his height and weight which is purely physical. But if we talk about human development, we will consider both physical and abstract aspects of maturity level, attitudes, habits, behavior, feelings, intelligence, and so on. Similarly, the growth of an economy can be measured through the increase in its size in the current year compared to previous years, but economic development includes not only physical but also non-physical aspects that can only be experienced as the improvement of the lifestyle of the inhabitants, increase in, 10(2), 249–259.