Question

4. Once it is realised that even though the level of income is important, yet it is an inadequate measure of the level of development, we begin to think of other criterion. (A) Why Average income is an inadequate measure? (B) What are other important criterion ?​

Answer 1

Answer:

The level of income is important yet it is an inadequate measure of the level of development because only material can be bought with money but non-materialistic deveopment does not depend on money. These may include things like freedom, equality, security, health, access to facilities and education.