how can we measure the economic development of a country? explain.
Answers
Answer:
per capita income, Infant mortality Rate,Literacy Rate, Net Attendance Ratio For Secondary Stage, Life Expectancy At Birth, Human Development Index are the factors we used to measure the economic development.
Explanation:
Per Capita Income: The average income of the country at the end of the financial year.
Infant Mortality Rate: Out of 1000 live children born.(the number of children who die within one year)
Literacy Rate: It measures the percentage of literate population in the 7 and above age group.
Net Attendance Ratio For Secondary Stage: It is taken for 9th and 10th classes.
Life Expectancy At Birth: The average expected length of life of a person at the time of birth.
Human Development Index: It is used to measure development.
Answer:
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