What does the level of development depend on?
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Standard criteria for evaluating a country's level of development are income per capita or per capita gross domestic product, the level of industrialization, the general standard of living, and the amount of technological infrastructure.
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Level of development (LOD) is a concept with varying definitions and implementations
One way to rate a country's level of development is by the total value of goods and services the country produces, divided by the number of people in the country. This is called the gross national income (GNI) per capita. Developed nations have much higher GNI per capita.
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