What is often an effect of a high literacy rate?
the GDP does not affect the literacy rate. The literacy rate affects the GDP. normally the higher the literacy rate, the higher the GDP, but not always. Some countries can have a very high literacy rate, but not a high GDP. but most of the time the higher the literacy rate, the higher the GDP and standard of living.
Literacy is being described as the ability to read, write , and think. Many analyst consider the literacy rate as a crucial measure to enhance a regions human capital which means that literate people can easily be trained than illiterate. They have the advantage when they apply for a job and at the same time have access to higher education.
To find a standard of living, look at a country's Infant Mortality Rate, salary/GDP PPP, and education/literacy rate Argentina: Infant Mortality Rate: 10.52 GDP PPP: $17,700 Literacy Rate: 97.2 First, look at the Infant Mortality Rate. 10.52... If It's 10 or above, the standard of living is lowered, but they have a pretty good salary per year, so it's high. The high literacy rate makes it even higher. Conclusion: Argentina's Standard of Living = HIGH