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What are basis for economic development in a country?

Posted by Aditya Sharma 7 years ago

CBSE > Class 10 > Social Science

4 answers

Yogita Ingle 7 years ago

Economic development means that the rate of production must be faster than the rate of increase in population. In other words, it is a process which makes people in general, better off by increasing their command over goods and services and by increasing the choices open to them.
Two bases of measuring economic development of a country are -
National Income and Per Capita Income.

2Thank You

Akanksha Dutta? 7 years ago

Basis of economic development if a country 1. Health status along with proper availability of medical facilitirs and food supply 2.Per capita income 3.literacy rate and net attendence ratio

2Thank You

Always Be Wid Me Baby ??? 7 years ago

On the basis of :- 1. Health status 2. Per capita income 3.literacy rate

2Thank You

Usha Yadav 7 years ago

Economic growth,,reduction of poverty,, income of each person,,global situation and population size

2Thank You

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CBSE > Class 10 > Social Science