ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What does a literacy rate show?
A
a percentage of people who can drive.
B
a percentage of people who can read and write.
C
a percentage of people who can speak English.
D
None of the above
Explanation: 

Detailed explanation-1: -The literacy rate is defined by the percentage of the population of a given age group that can read and write. The adult literacy rate corresponds to ages 15 and above, the youth literacy rate to ages 15 to 24, and the elderly to ages 65 and above.

Detailed explanation-2: -Adult literacy rate is the percentage of people ages 15 and above who can both read and write with understanding a short simple statement about their everyday life.

Detailed explanation-3: -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-4: -Literacy rate is the literate population of the age group 7 years and above divided by the total population of the same age group.

Detailed explanation-5: -Nationwide, on average, 79% of U.S. adults are literate in 2023. 21% of adults in the US are illiterate in 2023. 54% of adults have a literacy below 6th grade level. Low levels of literacy costs the US up to 2.2 trillion per year.

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