Question: What Are The Two Indicators Of Development?

What are the two indicators of economic development?

While several gauges are available to measure these changes, the most common indicators of economic development are Gross Domestic Product (GDP) per capita, the poverty level, life expectancy, the proportion of workers in agriculture and changes in the physical quality of life..

Which one of the following is the best indicator of development?

Governments should use HDI as the development indicator because it values both GDP growth and human development, which is the true essence of national development. This development concept also strongly emphasises that economic growth and human development are inseparable.

What are the various social indicators of development?

Examples of social indicatorsPoverty rate.Inequality rate.Educational attainment.Life expectancy.Employment and unemployment rates.Obesity rate.Fertility rate.Health expenditure.More items…•

What are the main indicators of sustainable development?

• Current availability problems. • Feasibility within resources to obtain. … Economic Development. Global Economic. … Proportion of population living below national. poverty line* … Under-five mortality rate* … GDP per capita. … Material intensity of the economy. … • European Commission. … • Many indicators are in scope of sustainable.More items…•

What are common indicators?

Common indicators include:Litmus: A dye extracted from various species of lichen that changes colour around the neutral range.Phenolphthalein: A synthetic indicator that changes colour in the basic range.Methyl orange: A synthetic indicator that changes colour in the acidic range.More items…

What is meant by development tell us about the two indicators of development?

development can be defined as efforts that seek to improve the economic well-being and quality of life for a community by creating and/or retaining jobs and supporting or growing incomes and the tax base. It is the increase in the growth and welfare of people, improvement of quality.

What are the three indicators of development?

The human development index (HDI), composed of three indicators: life expectancy, education (adult literacy and combined secondary and tertiary school enrollment) and real GDP per capita. (Note: for our purposes, GNP and GDP mean the same thing and they are synonymous with income.)

What do you mean by indicator of development?

Definition: Usually a numerical measure of quality of life in a country. Indicators are used to illustrate progress of a country in meeting a range of economic, social, and environmental goals.

What are indicators?

Indicators are substances whose solutions change color due to changes in pH. … They are usually weak acids or bases, but their conjugate base or acid forms have different colors due to differences in their absorption spectra.

What are two examples indicators?

Natural Indicators and Universal Indicators The indicators that are obtained from plants are known as natural indicators. Examples – Turmeric, china rosa, red cabbage and grape juice. Some flowers such as the hydrangeas can also determine whether a substance is acidic or basic.

What are the types of indicators?

Type of indicatorsInput indicators. These indicators refer to the resources needed for the implementation of an activity or intervention. … Process and output indicators. Process indicators refer to indicators to measure whether planned activities took place. … Outcome indicators. … Impact indicators.

What are the major indicators of development?

Here, we shall look at some of the most common indicators of development used in geography.Gross Domestic Product (GDP) … Gross National Product (GNP) … GNP per capita. … Birth and death rates. … The Human Development Index (HDI) … Infant mortality rate. … Literacy rate. … Life expectancy.