Gross domestic products.....APEX ;]
Gross domestic products
A measurement of economic indicators.
To judge the overall condition of a particular country's economy.
Triple bottom line indicators are used to measure a company's social, environmental, and economic impact. Common indicators include social metrics like employee satisfaction and community engagement, environmental metrics such as energy consumption and waste reduction, and economic measures like revenue growth and profitability. By tracking these indicators, businesses can assess their overall sustainability performance.
To judge the overall condition of a particular country's economy.
The lagging indicators change direction after the overall economy has moved, while coincident indicators move in tandem with the aggregate economic activity.
Social indicators of development are measures that assess the well-being and quality of life of a society, such as education levels, healthcare access, poverty rates, and social equality. They help to gauge the progress and impact of development efforts on a population's social welfare and overall prosperity. These indicators provide a more holistic perspective on development beyond just economic growth.
A measurement of economic indicators: )
A measurement of economic indicators
Development depends on both social and economic factors.Accordingly development indicators are distinguished into social indicators and economic indicators.In recent times increasing importance are given to the social indicators of development.So discussion on social indicators of development are of recent origin.Now there is a universally accepted meaning of social indicators of development is accepted and that is clearly different from the economic indicators. everything that does not fall into the category of economy is taken as social. thus social indicators are residual category,i.e, not fall into the economic category. Social indicators of development includes health, education, housing, and employment etc. Of course, these indicators have some economic dimension. The factors responsible for overall improvement of Quality of Life are taken as social indicators. Social indicators are taken as a more wider and integrated area of social concern than that of economic indicators.Read more: What_do_you_understand_by_social_indicators_of_development
APEX: a measurment of economic indicators
They are useful because they can use a symbol which is a sign that stands for something else. To judge the overall condition of a particular country's economy