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What is the different methods of measurements of economic development

Posted by Aayush Kumar 6 years, 9 months ago

CBSE > Class 10 > Social Science

1 answers

Sia ? 6 years, 9 months ago

Two bases of measuring development of a country are:

Average or per capita income. This is the total income of a country divided by its population.
National income and public facilities. This is the total value of all the goods and services produced within a country plus the net income from abroad during a year.

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