What is economic developement
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Amith Ms Gowda 6 years, 4 months ago
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Yogita Ingle 6 years, 4 months ago
Economic development is the adoption of new technologies, transition from agriculture-based to industry-based economy, and general improvement in living standards.
Indicators to measure development of a country:
Gross Domestic Products per capita (the total value of goods and services produced within a country divided by the toal population).
Gross Net Product (is the market value of all the products and services produced within a country)
Human Development Index is a way to measure well being within a country.( It is a social measurement which consider literacy rate, infant mortality, health etc.
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