Question

The major economic attribute for comparing countries is their:

1. Income
2. Human development index
3. Population
4. Mortality rate

Answer 1

Correct Answer - Option 1 : Income

The Correct Answer is income.

 

• In order to compare the development of nations, the income of the countries is always considered to be one of the most important attributes.
• The income of a country means the aggregate incomes of all the residents of the country.
• It gives us the total income of the country.

 

• The Human development index is a measure of human development that captures health, education, and income.
• It was developed by Pakistani economist Mahbub ul Haq and was further used to measure a country's development by the United Nations Development Programme (UNDP)'s Human Development Report Office.

 

• The World Bank publishes the World Development Report.