give 3 examples where an average is used for comparing situation
Answers
1. Average income of two countries, average speed of two vehicles over a distance, average height of the students in two different classes of a school.
2. It is an important criterion because it tells us what an average person is likely to earn and also gives some idea about the rising standard of living. Prosperity of a country depends not only on its national income but also on the number of people who would share it. In case the number of people is large, the average income will be less. This is the case in India.
3. Average income, i.e., per capita income is important but not the only criterion for development. Along with average income, equitable distribution of income in a country should also be considered.
4. All sections of the economy have become better cannot be concluded because different sections of She economy may have become better or worse. An example is the current situation in India, where the average income has increased every years; the services sector has increased very much, but agriculture is having virtually no growth.