l Which country’s national income was
highest in 2016 and was it how much?
l Comparing India and Brazil, which
country had a higher national income in
1980?
l Comparing India and Brazil, which
country had a higher income in 2016?
l Tell the difference between the GNP of
Brazil and India in 2016.
l Calculate the difference between the
national incomes of developed and
developing countries in 2016.
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Answer:
National income is the money value of all the final goods and services produced within the domestic territory of the country during a particular period of time, generally within a year. In 1980, Brazil had a higher national income compared to India. The difference between their incomes is only negligible.
In 2016, India had a higher national income compared to Brazil. The national income of India has just crossed 200 million US dollars, while the national income of Brazil is reaching 200 million US dollars.
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