Is "National Income" the right parameter of measuring development? If not, then explain the better parameter? ( 3 )
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1
Answer:
Yes it is important criteria of development but only national income is not enough also there should be criteria like education and health care for development
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1
Answer:
But more commonly used criteria of economic development are increase in national income, per capita real income, comparative concept, standard of living and economic welfare of the community etc.
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