Economic development is a process of increase in total revenue and income per capita, taking into account the existence of population increase and be accompanied by a fundamental change in a country's economic structure and income distribution to the population of a country.
Economic development can not be separated from economic growth (economic growth); economic development to encourage economic growth, and vice versa, facilitate the economic growth process of economic development.
Economic
What is meant by economic growth is the process of increasing production capacity of an economy are realized in the form of increased national income [1]. A country is said to have economic growth when an increase in real GNP in the country. The existence of economic growth is an indication of the success of economic development.
The difference between them is the success of economic growth more quantitative, ie the increase in incomes and standards of production the resulting level of output, while economic development is more qualitative, not only increase production, but there are also changes in the structure of production and allocation of inputs at various sectors of the economy such as in institutions, knowledge, social and technical.
