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14 September, 2021

Measures of Economic Development

  •  Here is a list of the most commonly used measures of economic development:
  • GNP per capita;
  • Population Growth;
  • Occupational Structure of the Labor Force;
  • Urbanization;
  • Consumption per capita;
  • Infrastructure and Social Conditions  (literacy rate; life expectancy; health care; caloric intake; infant mortality & others)