Write down the main indicators of affluence in the Modern World.

What characterizes the modern world is the remarkable speed of generation of wealth. This process started towards the end of 18^th century and has continued since then, though there is considerable unevenness in the generation and spread of wealth among different societies and groups. There are several indicators of new found prosperity. Some of them are:
Development of the means of irrigation and increase in arable land has led to much more production of various crops. Greater availability of food has ensured that famines do not recur as they used to in pre-modern times. The population of the world has increased. This has largely been result of a decline in death rate. Life expectancy in general has gone up. In most societies the literacy has gone up. The size of the middle class has increased, though in poor countries the number of the people in this class is not as much as in developed countries. But there is decrease in the number of people living in poverty all over. Various indicators of economic performance of different societies, such as national income Etc. continue to grow, leading to continuous growth of standard of living. Of course, there is vast difference between developed societies and developing countries and within them but growth is taking place almost everywhere.