Economic Awareness - Sectors of Indian Economy
Which indicator is commonly used to measure economic development?
Which indicator is commonly used to measure economic development?
easy Q12 of 15
Step-by-Step Solution
Step 1: Understand the difference
Economic development is measured by qualitative indicators reflecting social well-being.Step 2: Analyze options
Human Development Index (HDI) includes education, health, and income, making it a key development indicator.Final Answer:
Human Development Index (HDI) → Option AQuick Check:
Economic development = Human Development Index ✅
Quick Trick: Development = Quality (HDI, literacy, health)
Common Mistakes:
MISTAKES- Mistaking GDP as a development indicator instead of growth indicator.
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