what is development. how do we compare the scale of development between two or more nation? explain with examples
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the process of developing or being developed is known as development.
The most basic comparison is between GDP per capita levels or the levels of GDP per capita in terms of Purchasing Power Parity. However, GDP can sometimes be a misleading measure as it may not capture many other aspects of the quality of life, such as crime, education, environmental quality, etc. The Human Development Index published by the UN is a composite measure that accounts for a broader set of development factors.
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