compare and contrast the indian economy witha ny one developed economy of your choice taking into concedeartion the per capita income population ,literacy rate, birth rate, death rate
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Answers
China’s unemployment rate is higher than India’s, but some say underemployment also needs to be taken into account.
The militaries of each country number well over 1 million personnel. But China’s military budget dwarfs that of India - and it has vastly more nuclear warheads.
China has a strikingly high proportion of women workers; their labour force participation is more than twice that of their Indian peers.
While some think China’s literacy rate may be overstated, there is no doubt it has reached a remarkable level, especially given that people must learn characters rather than an alphabet. Over 96% of the population are literate - compared to just over 71% in India.
India’s population (1.25bn last year) is fast catching up with China’s (at 1.36bn) thanks to the latter’s “one child” policy, which has seen the fertility rate drop to 1.7. Many experts suggest the true rate is already far lower.
China would like more of a say in international institutions, pointing out that they have failed to reflect global economic and political changes. It enjoys more votes at the IMF thank India - but still fewer than the UK, never mind the US.
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