Name and explain the two main basis that are used to compare development levels of different places.
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Answer:
1.per capita income
2. total national income
Explanation:
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The two essential bases for the comparison of development level of the two different countries are:
The two essential bases for the comparison of development level of the two different countries are:• Per capita income, which means the income obtained while investing particular amount of capital.
The two essential bases for the comparison of development level of the two different countries are:• Per capita income, which means the income obtained while investing particular amount of capital. • Total National income is determined by adding up the incomes from three different sectors viz, primary, secondary and tertiary.
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