How does literacy rate affect the standard of living in latin america?

a) literacy rate does not affect the standard of living.

b) high literacy rates lead to a low standard of living.

c) a literacy rate the people to become bilingual.

d) an increase in literacy rates can lead to a higher standard of living.

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.

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