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• percentage of people who can read and write a level of material comfort as measured by the goods, services, and luxuries available to an individual, group, or nation • the higher the literacy rate is for a given country the higher the standard of living will be for the country • • Great Literacy Rates! economic success is dependent upon a good literacy rate • developed countries have good literacy rates • Gross Domestic Product(GDP) will be high as a result • Why?