Economy, asked by shadabakhtar2611, 1 year ago

How to compare different countries or States?

Answers

Answered by pkparmeetkaur
10
To compare different countries and states, the following things are taken into consideration- (1) Income is considered to be ome of tbe most important attributes. Countries with higher income are more developed than others. (2) The income of the country is the income of all residents of the country. This gives the total income of the country. (3)The average income which is the total income of the country divided by it's population. This is called: per capita income.


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Answered by ishaverma978
3

Answer:

Mainly Different countries are compare using there per capita income which is also known as average income. Per capita income is calculated national income divided by total population of the country

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