Economy, asked by Albert03, 1 year ago

For comparison between countries , total income is not a useful measure . Explain

Answers

Answered by SmilyJamatia
12
total income is not useful for comapring countries because it does not shows the health and education level of the citizens of that particular country...moreover it also does not show how income is distributed among the citizens....some may be very rich and some may be very poor...
Answered by QuadralNady
8
your answer is all around based on average income criteria this is because every country has different population. The countries cannot be compared based on total income as country with higher population cannot be compared with lower one so for accuracy we take average income criteria. Like so if 1000 people of America earn 1000 dollars each it cannot be compared with 1000000 people of India earning 100 dollars..where we cannot specify development of country. So comparison b/w countries based on total income is not a useful criteria.

same is given in your civics economics textbook
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