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What is a key indicator often used alongside income to measure development?

  • a)
    Unemployment rate

  • b)
    Life expectancy

  • c)
    GDP growth rate

  • d)
    None of these

Correct answer is option 'B'. Can you explain this answer?
Verified Answer
What is a key indicator often used alongside income to measure develop...
Life expectancy is a crucial indicator used in conjunction with income to assess development levels. It reflects the overall health and well-being of a population, indicating the quality of life and access to healthcare services.
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What is a key indicator often used alongside income to measure develop...
Life Expectancy
Life expectancy is a key indicator often used alongside income to measure development. This indicator looks at the average number of years a person is expected to live based on current mortality rates.

Importance of Life Expectancy
1. Health and Well-being: Life expectancy reflects the overall health and well-being of a population. Higher life expectancy is indicative of better healthcare services, access to clean water, sanitation, and nutrition.
2. Quality of Life: Longer life expectancy is associated with a higher quality of life as individuals have more time to pursue their goals, spend time with loved ones, and contribute to society.
3. Development Progress: Improvements in life expectancy indicate progress in development efforts. It shows that a country is able to provide its citizens with the necessary resources for a longer and healthier life.
4. Impact on Economy: Longer life expectancy can also have positive effects on the economy as it means a larger working-age population and potentially higher productivity.
5. Social Stability: Countries with higher life expectancy tend to have more stable societies as people are more likely to have access to education, healthcare, and other essential services.
In conclusion, life expectancy is a crucial indicator of development as it provides insight into the overall well-being of a population and reflects the progress made in improving living conditions and healthcare services. It complements income measures by focusing on the human aspect of development.
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