The document compares Lua and Python as scripting languages for application development, highlighting Lua's compactness, speed, and suitability for mobile applications, while emphasizing Python's powerful standard library and ease of use. It details the prototyping of a mobile calculator using both languages, showcasing implementation and code size for each. Ultimately, it concludes that while Lua is more efficient for resource-constrained environments, Python is preferable when abundant resources are available.