Question

Explain any four different bases for comparison of economic development of different nations.

Question is for subhrajena189
please let her answer. ​

Answer 1

Answer:

$\color{blue}\huge\bold\star\underline\mathcal{Question}\star$

Explain any four different bases for comparison of economic development of different nations.

$\color{blue}\huge\bold\star\underline\mathcal{Answer}\star$

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.

The main aspects that are taken into consideration while comparing the economic development of different nations is the levels of income. The per capita income, the rate of literacy, population and 'Net Attendance Ratio' Explanation: The income levels of the nations gives a significant idea on its economic development.