What Are Examples of Economic Development?

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Solution

Examples of economic development can be enumerated as follows:

Average life expectancy

Per capita income

Literacy rates

Environmental standards

Education standards

Access to healthcare

Also read:

Difference Between Economic Growth and Economic Development

Meaning and Impact of Human Capital on Economic Growth

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Similar questions

‘The Government and policy makers use statistical data to formulate suitable policies of economic development’. Illustrate with two examples.

Which of the following statements are false ?

i) economic growth and economic development are the same

ii) sustainable development is a part of economic growth

iii) sustainable development is a part of economic development.

a) (i)-(ii)

b) (ii)-(iii)

c) (i)-(iii)

d) (i)-(ii)-(iii)

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