Answer: Economic growth is a quantitative factor while economic development is a qualitative factor.
Step-by-step explanation: The increase in the output in an economy, in respect of real terms, in a particular time period which is generally a year, is called economic growth. Whereas economic development is a broad term which involves factors like living standard of the population and advancement in technology.
Economic growth can be accomplished by advancing the technology or making human capital skilled enough to perform superior activities.