ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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a low standard of living
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a high standard of living
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little investment in human capital
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too much investment in capital resources
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Detailed explanation-1: -Countries with a high literacy rate usually have a high GDP per capita. Nations with low GDP frequently have lower literacy rates since the people in that country have less access to education, and children often have to work to help support the family.
Detailed explanation-2: -Canada has emerged the most educated country in the world in 2022 and the country has a literacy rate of 60 Percentage, according to OECB data. Almost 89 percentage of people in Canada have managed to get secondary education.
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.
Detailed explanation-4: -Kerala is the most literate state in India, with the highest literacy rate of 94 percent.