what are the different methods to compare developement of different countries and states? which method is best and why?
Answers
Answer:
We can compare different countries or states on the basis of per capita income . We can not take national income to compare different countries because each country have different populations rate . Literary rate , infant mortality rate , net attandance ratio , populations , poverty line , death rate etc .
To compare different countries or States the following steps are taken:
1) income is considered to be ome of the most important attributes countries with higher income are more developed than others.
2) the income of the country is the income of all resident of the country .this give the total income of the country .
3)the average income which is the total income of the country divided by its population this is called per capita income