How does a country's literacy rate affect its standard of living?(1 point) Responses It has no effect on the standard of living. It has no effect on the standard of living. The higher the literacy rate a country has, the higher the standard of living for its people. The higher the literacy rate a country has, the higher the standard of living for its people. The higher the literacy rate a country has, the lower the standard of living. The higher the literacy rate a country has, the lower the standard of living. The lower the literacy rate a country has, the higher the standard of living for its people.

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The higher the literacy rate a country has, the higher the standard of living for its people. This is because education is directly correlated with economic opportunities and social mobility. Higher literacy rates lead to a more skilled workforce, better job opportunities, higher productivity, and overall economic growth. Additionally, educated individuals are more likely to have better health outcomes and make more informed decisions, ultimately leading to an improved quality of life.
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