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katovenus [111]
4 years ago
5

How do economists measure the success, or shortcomings, of the economy?

Social Studies
1 answer:
ZanzabumX [31]4 years ago
5 0

Answer:

GDP is a useful indicator of a nation's economic performance, and it is the most commonly used measure of well-being. ... The failure to account for the costs imposed on human health and the environment of negative externalities arising from the production or consumption of the nation's output.

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According to the Fact Sheet No. 45 dated  September 2017 of the Unesco  Institute  for Statistics, Northern Africa and Western Asia literacy rate went from 64% to 81. The youth literacy rate increased in Northern Africa and Western Asia from 80% to 90% and sub-Saharan Africa  from 65% to 75%. Female literacy rates-lower than male literacy rates at the start of the period - generally grew faster than male literacy rates between 1990 and 2016.Thus, the gap between men and women has decreased  in all regions over the past 26 years.  


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