Measures of development are indicators used to assess the progress, well-being, and overall quality of life in a country or region.
Related terms
Human Development Index (HDI): A composite measure that includes indicators such as life expectancy, education levels, and income per capita to determine overall human development.
Gross Domestic Product (GDP): A monetary measure that represents the total value of goods and services produced within a country's borders over a specific period. It is often used as an indicator for economic development.
Poverty Line: The minimum income threshold below which individuals or households are considered poor. It helps gauge the extent of poverty within a given population.