@donasmrs-- Yes, of course. Just as education, sanitation and health care, participation in social and political life are also part of social development. Innovation and education go hand in hand with economic growth. But it's difficult for people to innovate if they cannot express themselves and their opinions freely.
Just as economic growth leads to social development, social development also leads to economic growth. Citizens who have the opportunities to educate themselves, work and produce will contribute to economic growth.
If any nation has true interest in economic wealth, it must realize that sustainable growth cannot occur without investing in social development.