ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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level of worker satisfaction
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quality of goods produced and sold
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cost of the technology used by the primary sector
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economic health, social conditions, and living conditions
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Detailed explanation-1: -Development is measured using the Human Development Index (HDI) ). HDI is calculated by the United Nations . It measures average life expectancy, level of education and income for each country in the world.
Detailed explanation-2: -The most common way to measure the economy is real gross domestic product, or real GDP. GDP is the total value of everything-goods and services-produced in our economy.
Detailed explanation-3: -Economic well-being measures like GDP per capita and inflation and employment trends. Distribution statistics such as real GDP growth by industry, real personal income per capita by state, and the distribution of personal income across households.
Detailed explanation-4: -More specifically, the level of GDP in a country is viewed as its ability to provide its inhabitants with proper opportunities to enjoy good economic, social, and environmental conditions of life.