Economic Growth and Development comes in hand in making a country’s economic status rise

up and prosper. Economic Growth comes first before Economic Development and there are different
scopes on what these two concepts focus or cover.
Starting with Economic Growth, the Gross Domestic product for the government and Gross
National Product for the world bank as basis in measuring the growth of an economy. The objective of
economic growth is to increase the production and services so that the effect of inflation will be lessen.
Furthermore, it also focuses on increasing the quantity of resources produced, increasing the productivity
of technical resources and also increasing the demand of goods and services. This, however, has a
narrower scope than economic development. It does not include the black market or unrecorded economic
activity.
Economic Development, on the other hand, is measure in qualitative descriptions which focuses
on the sustainable living of every citizen. It includes the capability of every household to consume on the
market, literacy and education, technology innovation and health care. It uses the normative analysis
where evaluates the concern of people and how they are affected. It has a wider range other than
measuring the per GDP capita.
To further elaborate:

Basis Economic Development Economic Growth

Scope Monitors changes in income of ever Monitors increase of the goods of
household and firm, and savings services of the country (GDP and
and investment along with GNP)
progressive changes in socio-
economic of our country
(institutional and technological)
Measurement Qualitative. Human Development Quantitative. Increase in real GDP,
Index (HDI). Gender-Related Index measured by Production Possibility
(GDI), Human Poverty Index Frontier (PPF).
(HPI), Infant mortality, literacy
rate, etc.
Concept Normative Concept Lesser scope concept than ED.