Economy, asked by harsh6380, 1 year ago

GDP is not always good way to measure economic development

Answers

Answered by Mansi2605
0
GDP is not always good way to measure the economic development of a country because it ignores other factors such as infant mortality rate , literacy level and health care etc
Answered by aadi04
0
gdp is not a good way to measure economic devlopment because there is unequal distribution of resources..
for example- in a population of 5 peoples 2 are millionaire but three are very poor then the gdp of the country would be good but development would not take place..
so gdp is not a good way
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