how can you measure the economic development of a country
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Economic development of a country can be measured by its per capita income, literacy rate, health status, infant mortality rate and life expectancy of persons living in that country.
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To begin with, you can calculate the GDP of the country and contrast it with the GDP of previous years. That will clear things up if you really want to know the progress of your country.
The per capita Income, literacy rate, health status, infant mortality rate are merely the factors that are affected by the GDP of a country. The per capita effects the Infant mortality rate and literacy rate. Health status depends on how the work environment has been given to the workers.
The per capita Income, literacy rate, health status, infant mortality rate are merely the factors that are affected by the GDP of a country. The per capita effects the Infant mortality rate and literacy rate. Health status depends on how the work environment has been given to the workers.
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