average income is an important criterion for development. justify
Answers
Answered by
31
) Average income gives us an idea what an average person is likely to get out of the total national income.
(ii) Average income is used to classify the countries into rich, poor or developing nations.
(iii) Average income is used to make economic policies
(ii) Average income is used to classify the countries into rich, poor or developing nations.
(iii) Average income is used to make economic policies
sukhmeetkaur313:
thx alot for your help..... thank you Sooo much
Answered by
5
because it is very difficult to know income of each person of a country .
and number of population also vary.
so per capita income is important criteria.
and number of population also vary.
so per capita income is important criteria.
Similar questions
Physics,
8 months ago
Social Sciences,
8 months ago
Geography,
8 months ago
Economy,
1 year ago
Math,
1 year ago