Question

Income is considered as the most important component for development. Explain

Answer 1

Average income represents the total income of a country keeping in view of the total population.

If the average income is adequate to meet, the basic requirementand other facilities that country is considered developed.

More income means more of all things that human beings need. What ever people like and should have, they will be able to get with greater income.

Answer 2

Income is considered as the most important component because if we have money we can buy all things like
we built schools for education. Due to this our country developed.