What is functional literacy rate?

Functional literacy rate refers to the percentage of people within a specific population who possess the skills necessary to read, write, and perform basic arithmetic tasks required for effective functioning in everyday life. This includes the ability to understand and use information in various contexts, such as in work, education, and personal situations. Unlike traditional literacy measures that focus solely on reading and writing, functional literacy emphasizes practical application and comprehension in real-world scenariOS. It is an important indicator of a population's overall educational and economic development.