Economy, asked by omrajput20155, 1 year ago

average income is important but it has lamination while using it explain

Answers

Answered by Anonymous
1
hi..
hope you are satisfied with the answer...

average income is useful in comparing countries. but at the same time it hides disparities. it doesnt tell us the distribution of the income among the people and the gap between the rich and the poor.

thankyou
@nd good morning all of you..!
Answered by Anonymous
2
Hi dear here is your answer


•Average income is the important criteria for measuring the income of nation


●But it has limitations too

●Limitation of average income are as follows

●It Ignores tge other factors like literacy rate , Infant mortality rate, Health etc abd other human development Index.


hope it helps ☺

Thanks

#skystar

It doesn't show the average income of per person .

Anonymous: shut up and i wil complaint to moderater
Anonymous: hah
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