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What helps economics judge the overall condition of a particular countrys economy?

A measurement of economic indicators.


What do you understand by term development?

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


What do you understand by social indicators of development?

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.


How is the Mexican government in terms of successes indicators financing development rule of law and economic transitions?

The Mexican government is very successful in terms of the indicators financing development rule of law and economic transitions.


How is economic development measured and what are the key indicators used to assess its progress?

Economic development is measured by looking at various indicators such as GDP growth, employment rates, income levels, poverty rates, and infrastructure development. These indicators help assess the progress of a country's economy and overall well-being of its citizens.


What has the author Harriet Baldwin written?

Harriet Baldwin has written: 'The development data book' -- subject(s): Economic indicators, Social indicators


Why are economic indicators useful?

They help people determine how wealthy a country's economy is.Economy indicators are useful because they make it easier to monitor money, improvement, and change. This is important when the economy isn't doing so well.Economic indicator best describes economic activities. These can be one of three indicators namely leading indicators, lagging indicators, and coincident indicators.


What are indicators of development?

Indicators of development can include GDP per capita, life expectancy, literacy rates, access to healthcare and education, infrastructure development, and poverty rates. These indicators are used to assess the overall well-being and progress of a country in terms of economic, social, and human development.


What has the author Ankita Gandhi written?

Ankita Gandhi has written: 'India human development report 2011' -- subject(s): Economic policy, Manpower policy, Social indicators, Economic indicators, Quality of life


What do economic indicators do?

One thing that economic indicators measure is the unemployment rate.


What has the author Daniel G Swaine written?

Daniel G. Swaine has written: 'Is the U.S. economy characterized by endogenous growth?' -- subject(s): Economic indicators, Economic development, Economic forecasting


How can you rank countries in order of development?

Countries can be ranked using various indicators such as gross domestic product (GDP) per capita, human development index (HDI), life expectancy, education levels, and income inequality. These indicators can provide insights into a country's overall level of economic, social, and human development. However, it is important to consider multiple indicators to get a comprehensive understanding of a country's development.