The different bases of comparison of economic development of different nations/states can be:
Income, literacy, population GDP per capita, Life Expectancy, Literacy Rates, Measures of Poverty, Demographic Indicators and Disease Indicators.
- Income of people in a particular country, shows the market potential of the county.
- GDP shows how much good is being developed and sold i.e consumed in each country.
- life expectancy provides the information about heath services and environment
- Measures of poverty gives idea about very poor people.
- literacy gives the status about people being able to communicate with each other with ease.
