Multiple choice

Which of the following is a better measure of economic development?

  1. Employment

  2. Size of export

  3. Rural consumption

  4. National income

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

National income is the broadest measure of economic development because it captures the total value of goods and services produced. While employment, exports, and consumption are important indicators, they represent only specific aspects. National income reflects overall economic growth and productivity better than any single sectoral measure.