SSC MTS EXAM

SSC

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Literacy rate of a country affects its standard of living of the people
A
True
B
False
C
Maybe
D
Dont know
Explanation: 

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. There are exceptions to this rule, like Russia.

Detailed explanation-2: -At the aggregate level, countries with higher literacy rates and overall educational attainment have lower total fertility rates (TFRs) than countries whose population have lower education levels. The effect of a country’s overall level of education on its TFR exists in both developing and developed countries.

Detailed explanation-3: -However, massive country-to-country differences exist. Developed nations almost always have an adult literacy rate of 96% or better. In contrast, the least developed nations manage an average literacy rate of only 65%. Direct country-to-country comparisons of literacy tend to be inexact.

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