Explain any four different bases for comparison of economic development of different nations states

economics
cbse-class-10
development

#1

Explain any four different bases forcomparison of economic development of different nations / states.
Ans. Four bases of economic development are
(j) Per capita income This is the total Nadonal Income (GDP) divided by the total population.
(ii) Life expectancy at birth This is the number of years, a new born child is expected to live if subject to the mortality risks prevailing for the population concerned.
(iii) Literacy rate This is the total percentagd~of the
population of an area at a particular time aged 7 yean or above, who can read and write with undemanding adeast one language.
(iv) Net Attendance Ratio The total number of children enrolled in or attending primary school, as a percentage of total number of children of primary school age.
The countries with high rates are developed and low are underdeveloped.