Compare the different criteria used for comparing countries . which one is best criterion and why? it is a economic question
Answers
Answered by
26
Countries are compared on different basis; economic, social and political. These include the political, social and economic stability of a country. This includes comparison in terms of :
(i) Form of Government
(ii) The Rate of Crime
(iii) Social Equality
The most important criteria criterion for comparing countries is(keeping in view the question is economic) is the rate of per capita income of a country. Through this, the total productivity and standard of living of a country can be measured and compared.
(i) Form of Government
(ii) The Rate of Crime
(iii) Social Equality
The most important criteria criterion for comparing countries is(keeping in view the question is economic) is the rate of per capita income of a country. Through this, the total productivity and standard of living of a country can be measured and compared.
Answered by
20
Answer:
Country's economical performance can be used to compare different countries.
There different criteria used, these criteria are;
Official exchange rate.
Purchasing power parity.
GDP per capita.
Explanation:
GDP per capita is the best criterion used to compare different countries.
GDP per capita, divides a country's economic output by its total population, making it the best criterion just be making sure purchasing power parity is used.
Similar questions