ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The literacy rate of a country can illustrate information that shows
A
General levels of intelligence in a population
B
The population density
C
Per Capita Income
D
GII Levels
E
PPP
Explanation: 

Detailed explanation-1: -Definition: The proportion of the adult population aged 15 years and over which is literate, expressed as a percentage of the corresponding population, total or for a given sex, in a given country, territory, or geographic area, at a specific point in time, usually mid-year.

Detailed explanation-2: -How is it defined? The Gender Inequality Index is a composite measure reflecting inequality in achievements between The GII is a composite measure, reflecting inequality in achievements between women and men in three dimensions: reproductive health, empowerment and the labour market.

Detailed explanation-3: -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.

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