# Degree of development

- Canonical URL: https://www.gerhardmerk.de/degree-of-development
- Post ID: 593833
- Modified: 2023-07-25T20:59:17+00:00
- Language: en

## Definition

In relation to an economy, the degree to which the population is supplied with goods. This is measured - on the one hand - and in the past almost exclusively - by income per capita and - more recently with great weight - also by the degree of literacy, the number of professionally and/or academically educated inhabitants, the conditions in the health sector and some other characteristics. A separate UN-designed measure, the Human Development Index (HDI), is now used for comparative purposes between individual economies. - In the financial sector, the number of banks in total or in relation to the population is often chosen as a measure; however, this indicator is not very meaningful. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1