4 Key Indicators of Economic Development

The following points highlight the four key indicators of economic development. The key indicators are: 1. Per Capita Income 2. Poverty 3. Social and Health Indicators 4. Operational Pattern. Key Indicator # 1. Per Capita Income: The most important indicator of economic underde­velopment is low per capita income. Usually, an LDC is defined as one in which per capita real [...]