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Serjik [45]
3 years ago
12

List indicators or science of measurement used to measure strength of economy? GDP income literacy rate life expectancy

Geography
1 answer:
OverLord2011 [107]3 years ago
3 0

Answer:

GDP

Explanation:

The indicator or science of measurement used to measure the strength of economy of any nation is the GDP - Gross Domestic Product.

  • GDP is one of the parameters used by economists as well as statistician to measure the strength of an economy.
  • It is the monetary value of the total goods and services in a nation within a specified period of time.
  • GDP gives an overview of the economy of a country and it is often computed annually.
  • It helps policy makers and government to know the wellness of their economies.

Income, Literacy rate and life expectancy are not good tools to measure the strength of an economy compared to the GDP.

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First option is correct, as in Sparta slaves were owned by state and were practically seen as tools, while in Athens slaves were private ownership, and were treated more fairly, and would be even able to gain their freedom. Some would say that it was sometimes even hard to differ slaves from freeman.

Second option is not correct as there were slaves in both countries.

Third option is not correct as in Athens for example slaves participated even in education of children, which was not the case in Sparta.

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