Political Science, asked by priyqnshusharma9081, 1 year ago

For comparing development level of two countries the total income method is not a good one. Explain

Answers

Answered by RAPTOR5
24
The method of total income or average income is not good as it simply deals with a monetary value and hides all other important aspects such as poverty,illiteracy,birth rate death rate ,gross enrollment ,etc .
Thus it hides all the disparities and treat only income as superior in front of all other humane aspects.
Answered by Ajeesha15
7
★✩ ʜᴇʀᴇ ɪs ʏᴏᴜʀ ᴀɴsᴡᴇʀ..

\color{indigo}{Total Income}of the country is defined as Income of all the residents of the country.

\color{indigo}{Total Income} is not used to make comparison between the countries because different countries have \underline{different \:populations.} Comparing with Total Income will not tell us what an average person is likely to earn.

So we use\color{green}{Average Income} to compare the countries.

\color{green}{Average Income} of the country is defined as Total Income of the country divide by its total population.It is also called \underline{Per Capita Income.}

Countries with Per Capita Income of \underline{US \:$12736} per annum and above are called \color{blue}{rich\: countries.}
Countries with Per Capita Income of \underline{US\:$1045} or less are called \color{red}{low-income\: countries.}

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