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the GDP does not affect the literacy rate. The literacy rate affects the GDP. normally the higher the literacy rate, the higher the GDP, but not always. Some countries can have a very high literacy rate, but not a high GDP. but most of the time the higher the literacy rate, the higher the GDP and standard of living.
it may include that they both have a high meaning working together
Venezuela's oil-based economy illustrates the affects of overspecialization. When oil prices are high, its economy is strong. When oil prices drop, its economy weakens.
better education will come to higher literacy rates, and higher literacy rates would mean a better economy, a more civilized society, power to the government, and better national pride. not only will the economy prosper, but through higher literacy rates the lives of people living would be greatly improved as choices for jobs and more opportunities in life make it better for the people. The poverty level will decrease and therefore people will have a better quality of life.
The standard of living is Australia is the 2nd highest in the world, after Norway. Australia has a very high economy and produces a lot of smart and wealthy people in the world.
It affects everybody, not just a junior high school students...economy is all around us, we cannot "run away" from it. For example, if you are still living with your parents, if the economy is is bad, they will not be as happy as usual, and they might give you less money for your allowance
What helps raise a country's GDP. Is a high literacy-rate. A high literacy rate is a number of people that can read and write in any given county over the age of 14.
The highest literacy rate possible is 100. Countries with a 100 percent literacy rates for both male and female are Finland, Norway, Greenland and so on.
Both Australia and New Zealand provide free, compulsory education until age 15. Literacy rates are high in these two countries, and many students attend universities.
Literacy rate in Poland is so high because there is a compulsory schooling for all children.
The literacy rate for Cuba is high therefore so is the standard of living
Australia has a high literacy rate because it's has a high standard of living in so many areas, and education is just one of these. Australia's standard of education is one of the highest in the world, thanks largely to legislation that ensures quality assurance in educational institutions. High emphasis is placed on the welfare of students, and on ensuring that they have a safe learning environment, while technology is employed to ensure that children keep up with technological advances.Having said that, however, it should be noted that the literacy rate within indigenous communities is appallingly low.