Question

what are major indicator of econonmic development?​

Answer 1

Answer:

Real GDP per capita – gross domestic product. The nation's total economic output which is the same as a nation's income. GDP at purchasing power parity (PPP) takes into account the local purchasing power of the currency and is a better guide to actual living standards.

Answer 2

Answer:

GDP – gross domestic product. The nation's total economic output is the same as a nation's income. GDP at purchasing power parity (PPP) takes into account the local purchasing power of the currency and is a better guide to the actual living standards.

Explanation:

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