Question

name and explain the two main bases that are used to compare development levels of different places

Answer 1

Development is compared on the following basic :-

1.) Per capita income

2.) Life expectancy

3.) Literacy rate

4.) Gross enrolment ratio

Answer 2

Answer:

Undeniably, the two most crucial bases that are used, globally, to compare development levels of different places are:

1. Per capita income: This is one such important term in the world of economy which determines whether a country is developed or not. It refers to the income that is obtained after the investment of a particular amount of capital.

2. The national income: This is yet another measure to draw the development graph of a place. This term refers to the total sum amount of incomes from the various sectors i.e. the primary, the secondary and the tertiary sectors.