The development of a country can be determined on the basis of various indicators. The following are some of the social indicators of development:
a. Per Capita Income:
Per Capita Income refers to the average income. It is obtained by dividing the total income of the country by its total population.
b. Life expectancy:
Life expectancy is the average number of years that a person is expected to live.
The economic development of the country can be made feasible by the educated population. This refers to the literacy ratio of a country.
A healthy person can work hard and can generate more income to himself thus contributing to the development of the country’s economy.
Human Development (HD) uses a combination of the above development factors to measure development.
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