average income is an important criterion for development. justify
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) 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:
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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.
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