What is the difference between industrial development and economic development?

The difference between industrial development and economic development;

1. Industrial development refers to the process of the emergence, growth and evolution of industries, including both the evolution of individual industries and the evolution of the whole industry, that is, the evolution of the whole national economy. The evolution process includes not only the quantitative change of the number of enterprises, the output of products or services in an industry, but also the adjustment, change and replacement of industrial structure and the qualitative change of industrial dominant position, with structural change as the core and industrial structure optimization as the development direction. Therefore, industrial development includes quantitative increase and qualitative leap, including absolute growth and relative growth.

2. Economic development is a process of innovation or change in which the economic structure and social structure of a country or region are constantly improving on the basis of economic growth. Relative to economic growth, economic development is the core concept of development economics. Economic development refers to high-quality economic development including quality and quantity, not just quantity growth.

Compared with social and economic development, industrial development is much smaller. Social and economic development means the development of the whole country. Then the target and actual equivalent are far higher than the product of industry development. The two are not comparable.