Economic Awareness - Sectors of Indian Economy
Which of the following statements is INCORRECT regarding economic growth and economic development?
Which of the following statements is INCORRECT regarding economic growth and economic development?
hard Q9 of 15
Step-by-Step Solution
Step 1: Understand relationship
Economic growth is necessary for development but development is broader and includes social progress.Step 2: Analyze options
Economic development does not always lead to growth; growth can occur without development, but development usually requires growth.Step 3: Identify incorrect statement
Statement that economic development always leads to growth is incorrect because development focuses on qualitative aspects which may not immediately reflect in growth.Final Answer:
Economic development always leads to economic growth → Option CQuick Check:
Economic development always leads to economic growth = correct ✅
Quick Trick: Growth needed for development, not vice versa
Common Mistakes:
MISTAKES- Assuming development automatically causes growth.
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