Explain any five basis of comparison of economic development of different countries or states
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There are two different groups of 100 people. The first group isbetween 30-39 years of age. Of these one person dies before the age26 probability of death in this case is 1%. The second group is aged60-69 years of these 15 die before the age of 61. The probability of death in this case
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The different bases of comparison of economic development of different nations/states can be: Income, literacy, population GDP per capita, Life Expectancy, Literacy Rates, Measures of Poverty, Demographic Indicators and Disease Indicators. ... Measures of poverty gives idea about very poor people.
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