Question

Total income is not useful
to know the
development
af
a country How?​

Answer 1

Answer:

National income of a country is called its total income. Total income is not a useful measure of development due to some reason

1) It does not show how the income is distributed among the different sections of society. It hides the disparities among the people of a country.

2) Total income is not sufficient for other factors like health status, literacy rate, life expectancy, educational development etc.

3) Different countries have different population, so it is extremely difficult to tell about every person's income because it tells us about the income of the whole country.

4) It does not tell that how the income is divided between the citizens of a country.

5) Despite the fact that total income affects the material welfare, it is the wealth that determines economic welfare and prosperity of a country, not the total income.

6) Another major reason is that the total income is not a good indicator of a country's development is that it does not account for improving the longevity  

of human life nor the quality of environment.

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Answer 2

Answer:

It does not show how the income is distributed among the different sections of society. It hides the disparities among the people of a country. 2) Total income is not sufficient for other factors like health status, literacy rate, life expectancy, educational development etc.

Explanation:

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