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the higher the literacy rate, the higher the GDP. Because people are able to bring in a larger profit with an education. BUT, If you have a high GDP, the government is able to fund more towards national education. So in a way, they help eachother.
Wiki User
∙ 13y ago
Wiki User
∙ 13y agoThe more literate the consumer is the more knowledgeable hero she is. Thus they can make better decisions of what to buy or not buy, and that knowledge gives them power, especially if they have knowledge of the present economy.
RYAN WAN NAI HE Moe
what is the relationship between a country's wealth and its rate of literacy?
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How does literacy rate impact a GDP?
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.
How does literacy rate affect GDP?
A higher literacy rate can positively impact GDP by improving workforce productivity, promoting innovation and technology adoption, and fostering a more educated and skilled labor force. Literate populations are more likely to engage in higher-value economic activities, contribute to economic growth, and attract investment. Overall, higher literacy rates are associated with greater economic development and prosperity.
How does the literacy rate affect the GDP per capita in each country?
Italy has a high literacy rate and the location is great so the GDP is high
What affects GDP?
Literacy rate, the amount of resources, and the country's wealth.
What can raise GDP in a country?
A recession.
What is the relationship between GDP and exchange rate?
GDP or gross domestic product is not directly related to the exchange rate. One rate theories are used to accurately report GDP. Universal rates apply in the reporting figures used.
What does this chart indicate about the relationship among GDP per capita life expectancy and literacy?
Nations with the lowest GDP per capita have the lowest life expectancy and literacy rates.
What is the relationship between human capital and GDP?
it is that the human capital is one thing and the gdp is another thing.
How does the literacy rate affect the standard of living in Africa?
high standard of living= high GDP and vice versa
What is the relationship between aggregate expenditure and real GDP?
There is a direct proportional relationship between aggregate expenditure and real GDP. Aggregate expenditure is actually equal to real GDP. This is different from the planned expenditure.
What is the relationship between net exports and GDP?
The relationship between ne exposts and GDP makes the slope of the ae curve flatter than it would be otherwise
What is Mexico's GDP and GDP per capita?
GDP (Purchasing Power Parity) - $1.559 trillion (2008 est.), $1.538 trillion (2007), $1.49 trillion (2006) GDP (Official Exchange Rate) - $1.143 trillion (2008 est.) GDP (Per Capita) - $14,200 (2008 est.)
