I think this distinction is largely based on culture. A quality may be viewed as mature, childish, or neither, depending on what it is and who you ask.
I would, however, argue that there are some objectively-verifiable distinctions between child and adult behavior. For example, the brain structures responsible for faculties such as self-control are less developed in children, giving them a more impulsive nature. Also, for children that haven't started going through puberty, they react very differently to the concepts of sex, romance, reproduction, etc.
I also agree with
>>12430 on that the dichotomy is often used in unreasonable ways by people who really don't know what they're talking about.