Question

Select the proper option from the options given below and rewrite the sentences.

Level of literacy is an aspect of __________ environment.

a) Economic
b) Social
c) Political

Answer 1

Level of literacy is an aspect of economic environment.

Explanation:
A country’s literacy level is a component of economic environment. It refers to the level and the quality of education prevalent in the country and has a direct impact on business, as the education and professional skills required by business enterprises are taught in different education institutions. Thus, an economy’s education policy has a direct bearing on business.
The correct option is A.