Factors like literacy, poverty affect the regional development. - Vidyadip

Question

Factors like literacy, poverty affect the regional development.

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Answer

Literacy and poverty are the important factors affecting the regional development.
High literacy rate determines the quality of human population. This increases the availability of employment opportunities and development of resources, which contributes to the economic growth and regional development.
Due to high literacy rate, the population growth is controlled and resources are shared among less people in the country.
However, poverty decreases the purchasing powers resulting in a decline in the demand for goods, which reduces the production and drops the economic development and GDP of a country.
Hence, poverty and literacy affect regional development.

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