Despite economic achievements, the living standard of the people largely remains unchanged


(a) Human development is the process of both quantitative change and qualitative growth.

(b) The concept of human development was taken into broader perspective beyond economic development and started including the areas of longevity, knowledge, decent standard of living.

(c) Human happiness became the core of the economic development.


(d) Development of social resources can be hopeful for economic development.

(e) Human development being the end social development and economic growth were treated means.

(f) Social economic, political and cultural aspects of human life got special emphasis in the definition of economic development.

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