Economy, asked by binu09347, 21 days ago

compare india as a developing economy and us as a developed economy​

Answers

Answered by amberatri01
1

Answer:

Social mobility

The US sits in 27th place, below many developed economies, including Japan, the UK, and Denmark.

India takes 76th place, just behind Guatemala, but ahead of South Africa, Bangladesh and Cameroon.

GPA

If you consider things in terms of GDP per capita (again in current prices), the gap widens. For the US this is forecast at $65,100 for last year. But for India, this figure is just $2,100.

Competitiveness

The US was the world's second most competitive economy last year - dropping from first the year before. It's a high scorer on indicators including business dynamism and its financial system.

 India was in 68th place in 2019, with strengths including its market size and innovation capability. But, it's held back in the human capital pillar - coming 109 out of 141 economies.

Gender Equality

In the latest World Economic Forum Global Gender Gap Report, the US came in 53rd out of 153 economies. Political empowerment and labor force participation are two notable areas needing improvement.

India took 112th place, scoring highly on the political empowerment pillar, but close to the bottom on the economic participation and opportunity and health and survival pillars.

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