what is economic development? how can you measure the economic development of a country?
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Economic development can be defined as a process which makes people in general better off by increasing their command over goods and services and by increasing the choices open to them. We can measure the economic development of a country through the following :
1) literacy rate increases
2)life expectancy at birth increases
3) supply of infrastructural facilities
4) infant mortality rate declines
5)gender in equality declines
1) literacy rate increases
2)life expectancy at birth increases
3) supply of infrastructural facilities
4) infant mortality rate declines
5)gender in equality declines
Answered by
3
hola mate..!!
Answer:-
Economic development can be defined as a process which makes people in general better off by increasing their command over goods and services and by increasing the choices open to them. We can measure the economic development of a country through the following :
1) literacy rate increases
2)life expectancy at birth increases
3) supply of infrastructural facilities
4) infant mortality rate declines
5)gender in equality declines
hope it helps..!!
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