ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Country with low literacy rate, low life expectancy, high unemployment.
A
Developed
B
Developing
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -The literacy rate of a country affects its economic development greatly. The more literate citizens a country has, the greater is its economic development. People who are literate can more easily develop skills that will help them in the workplace and will help them find and keep jobs, so they can spend money.

Detailed explanation-2: -86% of people older than 15 years globally are literate (Our World in Data, CIA World Factbook). Burkina Faso (38%), Niger (19%) and South Sudan (32%) are the countries with the lowest literacy (CIA World Factbook). More items

There is 1 question to complete.