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Meaning of economic growth,economic development and structural changes that take place when a country is experiencing economic development

Answer Text:
ECONOMIC DEVELOPMENT AND PLANNING
Economic Growth
This is the increase in the productivity of a country which can be seen in the continued increase in the national income over a period of years.
Economic Development
This is the quantitative change or increase in a country’s national income over the years, accompanied by favorable changes in the structures within the country that leads to general improvement of the individual well being, as well as the entire nation
Structural changes that take place when a country is experiencing economic development
i) Shifting from depending on agricultural sector to manufacturing sector in the economy.
ii) Reducing illiteracy levels.
iii) Increase in skilled manpower in the economy.
iv) Improvement in health facilities within the country.
v) Increase in technology and improvement of entrepreneurial ability.
vi) Increase and improvement of institution that handles new methods of productive economic activities.