Question

Overall, countries with a higher literacy rate have a higher GDP per capita than countries with lower literacy rates.
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1 point

Answer 1

This statement is generally true. Literacy is often considered a crucial factor in a country's economic development because it is associated with higher skill levels, productivity, and innovation. Individuals who are literate are more likely to have access to better employment opportunities, contribute to the economy, and acquire knowledge to navigate and participate in the modern globalized world. Higher literacy rates also tend to be correlated with better educational systems, which can contribute to overall economic growth and development. However, it is important to note that literacy rates alone do not determine a country's GDP per capita and other factors such as natural resources, political stability, and economic policies also play significant roles.