Economy, asked by Nathiya7381, 1 year ago

How do world bank and UNDP compare countries of the world

Answers

Answered by hardikrakholiya21
2

Explanation:

National development- for comparing countries development. Income is considered the most important attribute. Based on more income means more of all things that human beings need. But different countries have different population comparing total income will not tell us about the average earning of a person. So we compare the average income

Average Income (Per Capita Income)- Total income / Total population.

Similar questions