Which of the following statements is incorrect in reference to 'development'?

The concept of development is static and evolved during the second half of the nineteenth century.

While technology and institutions have helped in increasing the pace of human-environment interaction, the momentum thus, generated in return has accelerated technological progress and transformation and creation of institutions. Hence, development is a multi-dimensional concept and signifies the positive, irreversible transformation of the economy, society and environment. The concept of development is dynamic and has evolved during the second half of the twentieth century. In the post-World War II era, the concept of development was synonymous with economic growth which is measured in terms of a temporal increase in the gross national product (GNP) and per capita income/per capita consumption. But, even the countries having high economic growth, experienced a speedy rise in poverty because of its unequal distribution. So, in the 1970s, the phrases such as redistribution with growth and growth and equity were incorporated into the definition of development. While dealing with the questions related to redistribution and equity, it was realised that the concept of development cannot be restricted to the economic sphere alone. It also includes the issues such as improving the well-being and living standard of people, availing of health, education and equality of opportunity and ensuring political and civil rights. By the 1980s, development emerged as a concept encapsulating widespread improvement in the social as well as the material well-being of all in society.