Question

Though the level of income is important it is an inadiquet major of the level of development justify the state ment

Answer 1

The level of income is important yet it is an inadequate measure of the level of development because only material can be bought with money but non-materialistic deveopment does not depend on money.

These may include things like freedom, equality, security, health, access to facilities and education.

These needs can be fulfilled with the help of money or income.

So, it is important for development. 

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