ECONOMICS
ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is NOT a factor in a country’s level of development
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GDP
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Life Expectancy
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Literacy
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Population
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Explanation:
Detailed explanation-1: -Detailed Solution Human Resource is not taken as a factor among the non-economic factors which contribute to economic growth.
Detailed explanation-2: -The correct answer is Technocrats and Bureaucrats. Technocrats and Bureaucrats are NOT a major factor of economic growth.
Detailed explanation-3: -Standard criteria for evaluating a country’s level of development are income per capita or per capita gross domestic product, the level of industrialization, the general standard of living, and the amount of technological infrastructure.
Detailed explanation-4: -Detailed Solution The correct answer is Agricultural practices.
There is 1 question to complete.