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around 95.38 percent
In 2018, Mexico’s literacy rate was around 95.38 percent. The literacy rate is commonly defined as the share of people in a country who are older than 15 years and are able to read and write.
Literacy rates affect how well people would be able to learn new and a more advanced skills. This mean that higher literacy rates would give the countries in latin america more high-skilled labours.
“Percentage of the population aged 15 years and over who can both read and write with understanding a short, simple statement on their everyday life. The term “Low literacy” on this wiki refers to people who can read and understand more than that, but need things to be expressed very simply and clearly.
The country with the highest value in the region is Argentina, with a value of 99.51.
The standard of living is measured by things that are easily quantified, such as income, employment opportunities, cost of goods and services, and poverty. Factors such as life expectancy, the inflation rate, or the number of paid vacation days people receive each year are also included.
An illiterate person cannot get a good job and therefore will not enough money because the jobs with high salary packages are reserved for that population of the country which has a high literacy rate. Due to lack of money, his standard of living will not be up to the mark.
Literacy Rate and Standard of Living. Literacy rate is the amount of people in a country who can read and write. High rates of literacy are often found in developed of industrialized countries.
The states with very low literacy rate are: Literacy rate has a vast effect on the standard of living of the people of a country. An illiterate person cannot get a good job and therefore will not enough money because the jobs with high salary packages are reserved for that population of the country which has a high literacy rate.
Literacy positively impacts economic growth beyond the local community. The impact of improving literacy in girls not only has a positive economic impact at a local and community level, but the productivity of the workforce flourishes at country level too by enhancing a country’s economic strength.