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How does literacy rate affect the standard of living in Latin America?

ALiteracy rate does not affect the standard of living.

BHigh literacy rates lead to a low standard of living.

CA literacy rate helps the people to become bilingual.

DAn increase in literacy rates can lead to a higher standard of living.

Verified Answer :

D is the correct answer...

​The answer is: D. An increase in literacy rates can lead to a higher standard of living

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.

The more high-skilled labours that a country have, the more efficient the production that they can do, leading up to an increase in GDP and higher standard of living for people in that area.