Question

Indicators of development?

Answer 1

Answer:

Indicators of Developments are:-

• Gross Domestic Product (GDP)
• Gross National Product (GNP)
• Birth and death rates
• Infant mortality rate
• Life expectancy

Explanation:

The indicators which are used for development are many and each indicator offers that way the dividing up the world with regards to how developed it is. Here, we shall look at the most common indicators of development that are used mostly:-

• Gross Domestic Product (GDP) - GDP is defined that how much money a country makes from its products per year.

• Gross National Product (GNP) - GNP is defined as earn together of GDP and all investments of the nation and minus the investments of the non-nation.

• Birth and death rates - The birth rate is defined as the rate of the birth of the children per year and the Death rate is defined as the rate at which the people will die per year.

• Infant mortality rate - Infant mortality is defined as the rate in which the infants died before one year of age. And the infants are the birth children.

• Life expectancy - This is also used as an indicator of development in which the indicators are quality of health in a country, describes sanitation level and care for elderly ones.