The two bases for measuring the economic development of a country are and .

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Detailed Solution

The two bases for measuring the economic development of a country are National income and Per capita income.

Economic development is a sustained increase in real per capita income that promotes economic welfare by reducing poverty, unemployment, and inequalities in the distribution of income.

Per capita income: Per capita income is the average income. Average per capita income helps us to know the actual earnings of citizens of the country.

National income and public facilities: National income measures the monetary value of the flow of output of goods and services produced in an economy over some time.

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