For comparing development level of two countries the total income method is not a good one. Explain
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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.
Thus it hides all the disparities and treat only income as superior in front of all other humane aspects.
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★✩ ʜᴇʀᴇ ɪs ʏᴏᴜʀ ᴀɴsᴡᴇʀ..
of the country is defined as Income of all the residents of the country.
is not used to make comparison between the countries because different countries have Comparing with Total Income will not tell us what an average person is likely to earn.
So we use to compare the countries.
of the country is defined as Total Income of the country divide by its total population.It is also called
Countries with Per Capita Income of per annum and above are called
Countries with Per Capita Income of or less are called
❤HOPE IT HELPS YOU❤
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of the country is defined as Income of all the residents of the country.
is not used to make comparison between the countries because different countries have Comparing with Total Income will not tell us what an average person is likely to earn.
So we use to compare the countries.
of the country is defined as Total Income of the country divide by its total population.It is also called
Countries with Per Capita Income of per annum and above are called
Countries with Per Capita Income of or less are called
❤HOPE IT HELPS YOU❤
ッ
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