Write any two indicators of economic development.

Economic development can be measured using various indicators. Two key indicators are:

1. Gross Domestic Product (GDP) per capita GDP per capita is the total market value of all goods and services produced within a country in a year, divided by the population. It reflects the average economic output per person and is a widely used measure of economic development. A higher GDP per capita generally indicates better living standards, improved infrastructure, and greater access to resources.

2. Human Development Index (HDI) HDI is a composite index that measures three key dimensions of human development: a long and healthy life (life expectancy at birth), knowledge (mean years of schooling and expected years of schooling), and a decent standard of living (GDP per capita adjusted for purchasing power parity). It provides a broader perspective on development beyond economic growth alone, emphasizing human well-being and equity.